The EURUSD pair continues to decline, and reaches 0.9800 areas now, to support the continuation of the bearish trend on the intraday and short term basis, noting that surpassing the mentioned level will push the price to 0.9700 as a next negative station.
The EMA50 keeps supporting the suggested bearish wave, noting that breaching 0.9880 might push the price to achieve temporary intraday bullish correction before turning back to decline again.
The expected trading range for today is between 0.9730 support and 0.9900 resistance.
The expected trend for today: Bearish