Currency pair analysis EUR/USD

The EUR/USD pair resumed its negative trading significantly, to reach the awaited target at 1.1000 now. We expect the bearish bias to continue achieving more negative targets that reach 1.0890.
Therefore, the bearish trend will remain valid for the upcoming period, supported by the negative pressure formed by the EMA50. Note that stability below 1.1150 is important for the price to continue the expected decline.
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The expected trading range: between the support 1.0900 and the resistance 1.1100.
The general trend: bearish.