The EURUSD pair continues to decline calmly, organized inside the intraday bearish channel that appears on the chart, falling under continuous negative pressure coming by the EMA50, to keep our bearish overview that targets 1.1605 as a next main station.
Breaking 1.1690 will ease the mission of achieving the mentioned target, while breaching 1.1780 represents the key to start recovery attempts that target 1.1888 areas initially.
The expected trading range for today is between 1.1630 support and 1.1780 resistance.
The expected trend for today: Bearish