The EURUSD pair succeeded to break 1.2064 level and close the daily candlestick below it, which reinforce the expectations of continuing the bearish trend in the upcoming sessions, paving the way to head towards 1.1976 that represents our next main target.
The EMA50 continues to support the expected bearish wave, which will remain valid conditioned by the price stability below 1.2064 and the most important below 1.2100.
The expected trading range for today is between 1.1950 support and 1.2110 resistance.
The expected trend for today: Bearish