The EURUSD price bounced downwards clearly after testing the bearish trend line that appears on the chart, to start pressing on the key support 1.0355$, which leads the price to resume the bearish trend and head to achieve negative targets that we expect to start at 1.0275$ and extend to 1.0220$.
Therefore, the bearish bias will be suggested for today, taking into consideration that breaching 1.0425$ followed by 1.0455$ levels will stop the bearish wave and lead the price to start bullish correction on the intraday and short-term basis.
The expected trading range for today is between 1.0265$ support and 1.0420$ resistance
Trend forecast: Bearish
Origin: Economies
