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 ongoing selling pressure.
If the decline continues, the pair is expected to target 1.16300 followed by 1.16000.
Alternatively, in case of a bullish rebound, the price 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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