The EURUSD pair continues the attempts to break 1.1780 level and moves below it now, to keep the bearish trend scenario valid and active on the intraday and short term basis, organized inside the bearish channel that appears on the chart, waiting to visit 1.1700 as a next main target.
The EMA50 supports the suggested bearish wave, noting that breaching 1.1805 will push the price to test 1.1888 areas before any new attempt to decline.
The expected trading range for today is between 1.1690 support and 1.1840 resistance.
The expected trend for today: Bearish