The EUR/USD pair is trading in a bearish trend during today’s session, remaining below the pivot level of 1.17800.
If selling pressure continues, the pair is expected to decline toward 1.17600 followed by 1.17400.
Alternatively, in case of a bullish rebound, price may target 1.18000 then 1.18400.
The bearish outlook remains valid as long as trading stays below 1.17800, while holding above it may trigger a corrective move toward 1.18000.
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