The EUR/USD pair is trading in a bearish trend during today’s session, remaining below the pivot level of 1.16000.
If selling pressure continues, the pair is expected to decline toward 1.15500 followed by 1.15000.
Alternatively, in case of a bullish rebound, the price may target 1.16500 then 1.17000.
The bearish outlook remains valid as long as trading stays below 1.16000, while holding above it may support a corrective move toward 1.16500.
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