EURUSD Awaits more Decline
The EURUSD pair confirmed breaking 0.9915 after ending yesterday below it, which supports the continuation of the expected bearish trend for the upcoming period, waiting for more decline to visit 0.9840 that represents our next target, noting that breaking it will push the price back to the main bearish channel and confirm the continuation of the bearish trend domination on the short term and medium-term basis.
Therefore, the bearish trend scenario will remain active conditioned by the price stability below 1. The expected trading range for today is between 0.9810 support and 0.9970 resistance.
The expected trend for today: Bearish.