The EURUSD pair managed to confirm breaking 1.1100 level yesterday, starting today with more decline to approach our second waited target at 1.1000, reinforcing the expectations of continuing the bearish trend in the upcoming period, noting that surpassing this level will push the price to visit 1.0857 as a next main station.
Therefore, we are waiting for more decline on the intraday and short term basis unless breaching 1.1180 level and holding above it.
The expected trading range for today is between 1.0950 support and 1.1100 resistance.
The expected trend for today: Bearish