The EURUSD price resumed its negative trading to reach the waited target at 1.0880$, and we expect to break this level to achieve additional negative targets that extend to 1.0780$, depending on the negative effect of the double top pattern that appears on the chart.
Therefore, we will continue to suggest the bearish trend for the upcoming period, which gets continuous support by the EMA50, reminding you that it is important to hold below 1.0940$ as a first condition to the continuation of the expected bearish wave.
The expected trading range for today is between 1.0810$ support and 1.0950$ resistance.
Trend forecast: Bearish
Origin: Economies
