The EURUSD pair confirmed breaking 1.2064 level after closing the daily candlestick below it, to support the continuation of the correctional bearish trend, which its next target located at 1.1976.
The EMA50 continues to support the suggested bearish wave, and it might retest the broken support before resuming the expected decline, which will remain valid unless breaching 1.2064 followed by 1.2095 levels and holding above them.
The expected trading range for today is between 1.1950 support and 1.2100 resistance.
The expected trend for today: Bearish