The EURUSD pair settles below 1.1300 barrier after the strong decline that it witnessed yesterday, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, supported by the negative pressure formed by the EMA50, waiting to visit 1.1180 level that represents our next main target.
We should note that the continuation of the current bearish wave requires holding below 1.1365 and the most important below 1.1443.
The expected trading range for today is between 1.1180 support and 1.1365 resistance.
The expected trend for today: Bearish
Origin: Economies
