The EURUSD pair begins today with clear negativity to break the intraday bullish channel’s support line and settles below it, which supports the continuation of our bearish overview efficiently in the upcoming sessions, opening the way to head towards our negative targets that start at 1.0450 followed by 1.0400.
The EMA50 continues to support the suggested bearish wave, which will remain valid unless the price rallied to breach 1.0580 and hold above it.
The expected trading range for today is between 1.0420 support and 1.0580 resistance.
The expected trend for today: Bearish