The EURUSD pair fluctuates within sideways and tight track since yesterday, noticing that the EMA50 continues to press negatively on the price, to keep the bearish trend scenario active, waiting to break 1.0955 to confirm extending the bearish wave towards 1.0880.
The negative effect of the double top pattern supports the chances of achieving more expected decline in the upcoming sessions, reminding you that the continuation of the bearish wave requires holding below 1.1030.
The expected trading range for today is between 1.0900 support and 1.1030 resistance.
The expected trend for today: Bearish
Origin: Economies
