The EURUSD pair made new test to 1.1250 resistance and bounced bearishly from there, as the EMA50 meets this resistance to add more strength to it, waiting to resume the bearish bias to achieve our main targets that begin at 1.1100 and extend to 1.1000.
We remind you that breaking 1.1180 will reinforce the expectations of achieving the suggested targets, while holding below 1.1250 represents key condition to continue the expected decline.
The expected trading range for today is between 1.1120 support and 1.1280 resistance.
The expected trend for today: Bearish