EURUSD - Technical Analysis: Tuesday, 11/04/2017 05:37 GMT

The EURUSD pair moves around 1.0592 level, and it still inside the descending channel that appears on the chart below, while we notice that the price completed forming head and shoulders' pattern that we expect to push the price for more decline on the longer term basis, and the negative targets go towards 1.0300.

Thus, the bearish trend will remain expected and dominant on the coming trades, and surpassing the waited target at 1.0495 will confirm extending the bearish wave towards the above mentioned target, while the price needs to settle below 1.0652 to continue the expected decline for today.