The EURUSD price broke 1.0845$ level clearly to activate the negative scenario on the intraday basis, as it completed forming double top pattern that we expect to push the price to achieve negative targets that start at 1.0765$ and extend to 1.0690$.

Therefore, we are waiting for more decline in the upcoming sessions, supported by moving below the EMA50, noting that breaching 1.0860$ will stop the suggested bearish trend and lead the price to recover again.

The expected trading range for today is between 1.0750$ support and 1.0880$ resistance.

Trend forecast: bearish