The EUR/USD pair is trading with a bearish bias during today’s session as the price moves around the pivot level at 1.16000, reflecting continued selling pressure.
If the decline continues, the pair is expected to move toward 1.15500 followed by 1.15000.
Alternatively, if a bullish rebound occurs, the price may target 1.16500 and then 1.17000.
The bearish outlook remains valid as long as trading stays below 1.16000, while holding above this level could support a rise toward 1.16500.
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