The EURUSD pair managed to break 1.1275 level to reinforce the expectations of continuing the bearish trend, opening the way to head towards our next waited target at 1.1145, waiting for more decline in the upcoming sessions.
The EMA50 continues to press negatively on the price to support the expectations to decline, noting that breaching 1.1275 might push the price to test 1.1375 areas again before any new negative attempt.
The expected trading range for today is between 1.1150 support and 1.1300 resistance.
The expected trend for today: Bearish