3
The EURUSD price has been exhibiting sideways and weak movements since the morning, stabilizing around the EMA50. As a result, there is no change to the previously expected bearish trend for today, which remains dependent on the price staying below 1.0563$. A break below 1.0475$ would confirm the bearish outlook and open the path towards the next target at 1.0400$.
The expected trading range for today is between 1.0400$ support and 1.0550$ resistance.
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Trend Forecast: Bearish
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