The EURUSD pair traded with strong negativity yesterday to break 1.1700 level and settles below it, which supports the continuation of our bearish overview efficiently for the upcoming period, opening the way to head towards our next main target at 1.1605.
Therefore, we will continue to suggest the bearish trend on the intraday and short term basis, supported by the EMA50, noting that holding below 1.1780 is important to continue the suggested bearish wave.
The expected trading range for today is between 1.1610 support and 1.1750 resistance.
The expected trend for today: Bearish
Origin: Economies
