The EURUSD price provided positive trades yesterday but it declined strongly to settle below the bearish trend line again, to keep the bearish trend scenario active for the upcoming period, waiting to visit 1.0333$ followed by 1.0250$ levels mainly.
The EMA50 forms continuous negative pressure that supports the expected decline, noting that breaching 1.0475$ will stop the bearish wave and push the price to achieve bullish correction on the intraday and short-term basis.
The expected trading range for today is between 1.0330$ support and 1.0480$ resistance
Trend forecast: Bearish
