The EUR/USD pair is trading within a sideways range during today’s session with a bearish bias, as prices remain near the pivot level of 1.17500 amid moderate selling pressure.
If the downward movement continues, the pair is expected to target 1.17250 followed by 1.17150.
Alternatively, in case of a bullish rebound, the price may rise toward 1.17700 and then 1.17850.
The bearish outlook remains valid as long as trading stays below 1.17500, supporting a potential decline toward 1.17150.
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