The EUR/USD pair is trading within a sideways range with a bearish bias during today’s session, as prices remain near the pivot level of 1.16600 amid cautious market sentiment and anticipation of upcoming economic data.
If selling pressure continues, the pair is expected to decline toward 1.16300 followed by 1.16000.
Alternatively, in case of a bullish rebound, the pair may rise toward 1.16800 and then 1.17000.
The bearish bias remains valid as long as trading stays below 1.16600, supporting a potential move toward 1.16000.
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