The EURUSD pair trades with clear negativity to break 1.1105 and attempts to hold below it, to hint heading to achieve bearish correction on the intraday basis, targeting 1.1055 followed by 1.1000 levels mainly.
Therefore, the bearish bias will be suggested for the rest of the day, supported by the negativity of the technical indicators, noting that breaching 1.1105 and holding above it will stop the negative scenario and lead the price to start recovery attempts.
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The expected trading range for today is between 1.1020 support and 1.1150 resistance.
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The expected trend for today: Bearish for the rest of the day
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