The EURUSD pair ended yesterday with strong negativity to break 1.1805 level and settles below it, which puts the price under more expected negative pressure on the intraday basis, targeting testing 1.1720 level before attempting to return to rise again.
Therefore, the bearish bias will be suggested for today, taking into consideration that breaching 1.1845 will stop the expected decline and leads the price to resume the bullish trend again.
The expected trading range for today is between 1.1700 support and 1.1845 resistance.
The expected trend for today: Bearish
Origin: Economies
