The EURUSD price opened today’s trading with strong bearish gap that pushed the price to touch the extended waited target at 1.0220$, affected by Trump decision to impose Tariffs on Canda and Mexico, and mentioning the chances of expanding the Tariffs to reach the European Union countries, to fall under expected negative pressure in the upcoming period, noting that breaking the current areas will push the price to visit 1.0100$ barrier as a next main station.
Therefore, we expect to witness more decline in the upcoming sessions, noting that failing to break 1.0220$ will lead the price to start recovery attempts and head to test 1.0325$ initially.
The expected trading range for today is between 1.0140$ support and 1.0300$ resistance
Trend forecast: Bearish
