The EUR/USD pair is trading within a sideways range with a bearish bias during today’s session, remaining below the pivot level of 1.16400 amid ongoing selling pressure and cautious market sentiment.
If the decline continues, the pair is expected to target 1.16000 followed by 1.15990.
Alternatively, in case of a bullish rebound, the pair may rise toward 1.16800 and then 1.17000.
The bearish outlook remains valid as long as trading stays below 1.16400, supporting a potential move toward 1.15990.
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