The EURUSD price settles at 1.0220$ level that forms good support against the price, waiting to break this level to confirm opening the way to decline on the intraday and short-term basis, as our next target is located at 1.0100$.
The EMA50 continues to press negatively on the price to support the expectations of continuing the bearish trend, noting that failing to achieve the required break will lead the price to start recovery attempts and achieve gains that start at 1.0325$ and might extend to 1.0385$ before any new attempt to decline.
The expected trading range for today is between 1.0150$ support and 1.0300$ resistance
Trend forecast: Bearish
Origin: Economies
