The EUR/USD pair is trading in a bearish trend during today’s session, holding below the pivot level of 1.16300, reflecting continued selling pressure and weaker bullish momentum.
If the downward movement continues, the pair is expected to target 1.15900 followed by 1.15600.
Alternatively, in case of a bullish rebound, the price may rise toward 1.16600 and then 1.17000.
The bearish outlook remains valid as long as trading stays below 1.16300, supporting a potential decline toward 1.15600.
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