The EURUSD pair continues to decline gradually and attempts to surpass 1.1690, as it finds solid support there, while the bearish channel continues to push the price to achieve more decline, to keep the bearish trend scenario valid and active for the upcoming period, which targets 1.1605 mainly.
The EMA50 supports the expected bearish trend, while its continuation requires holding below 1.1780.
The expected trading range for today is between 1.1600 support and 1.1750 resistance.
The expected trend for today: Bearish
Origin: Economies
