The EURUSD pair managed to close the daily candlestick below 1.1780, to confirm the continuation of the expected bearish trend scenario for the upcoming period, which targets 1.1700 as a next main station.
The EMA50 continues to support the bearish wave that moves organized inside the bearish channel that appears on the chart, noting that breaching 1.1780 followed by 1.1825 levels will stop the suggested decline and lead the price to turn to rise.
The expected trading range for today is between 1.1680 support and 1.1830 resistance.
The expected trend for today: Bearish