The EURUSD pair settles near 1.1180 level, and the price still below this level, while the EMA50 keeps pressing negatively on the price, thus, our bearish overview will remain valid for the upcoming period, waiting to surpass 1.1100 level to confirm heading towards 1.1000 as a next station.
We should note that rallying upwards to breach 1.1180 followed by 1.1250 levels will stop the expected decline and push the price to achieve gains on the intraday basis.
The expected trading range for today is between 1.1060 support and 1.1220 resistance.
The expected trend for today: Bearish