The EURUSD pair shows tight range’s trading, settled below 1.1100 barrier, and the price is under a continuous negative pressure that comes from the EMA50, therefore, we keep preferring the bearish trend on the intraday and short term basis, targeting visiting 1.1000 level as a next main station, reminding you that holding below 1.1180 is important for the continuation of the expected decline.
The expected trading range for today is between 1.1000 support and 1.1150 resistance.
The expected trend for today: Bearish