The EURUSD pair managed to confirm breaking 1.1780 level after closing yesterday below it, reinforcing the expectations of continuing the bearish trend on the intraday basis, waiting to visit 1.1700 that represents our next main target.
The EMA50 supports the suggested bearish wave, waiting to get negative motive that assist to push the price to move towards the mentioned target, noting that holding below 1.1780 represents initial condition to continue the expected bearish trend.
The expected trading range for today is between 1.1680 support and 1.1825 resistance.
The expected trend for today: Bearish
Origin: Economies
