The EURUSD pair managed to confirm breaking 1.0500 level and rallied bearishly to approach our extended target at 1.0450, reinforcing the expectations of continuing the bearish trend, noting that we expect extending the bearish wave towards 1.0325 areas.
Therefore, the bearish trend will remain dominant in the upcoming sessions, noting that the continuation of the bearish wave requires holding below 1.0530 and the most important below 1.0600.
The expected trading range for today is between 1.0400 support and 1.0560 resistance.
The expected trend for today: Bearish
Origin: Economies
