The EURUSD pair managed to break 1.1888 level and hold below it, starting today with new bearish bias to move away from the mentioned level, which supports the expectations of continuing the bearish trend, waiting to visit 1.1780 as a next main target.
The EMA50 continues to support the suggested bearish wave, noting that breaching 1.1888 and holding above it will stop the expected decline and lead the price to attempt to recover and cover the losses that it suffered recently.
The expected trading range for today is between 1.1770 support and 1.1930 resistance.
The expected trend for today: Bearish