The EURUSD pair continues to decline gradually to fluctuate around 1.1575 now, waiting for more bearish bias to visit 1.1443 level that represents our next negative target.
In general, we will continue to suggest the bearish trend in the upcoming sessions depending on the price stability below 1.1705, noting that the EMA50 forms negative pressure that supports the suggested decline.
Expected trading range for today is between 1.1480 support and 1.1660 resistance.
Expected trend for today: Bearish