The pair’s bearish trend remains unchanged despite forming some bullish corrective moves. Overall stability below the key resistance level at 212.00 supports the bearish outlook for upcoming trading.

 

We will continue to monitor the price’s response to the negative signals from the main indicators, as it is expected to renew pressure on the barrier at 209.10 before attempting to form new bearish waves, potentially putting support at 208.10 under renewed pressure

 

The expected trading range for today is between 208.10 and 210.50

 

Trend forecast: Bearish