The EURUSD pair approached from our main waited target yesterday at 1.1180, showing some sideways trading now settling below the previously broken 50% Fibonacci level, which is met by the EMA50 to add more strength to this resistance, which encourages us to continue suggesting the bearish trend for the upcoming period, which its next targets extend to reach 1.1060.
Stochastic positivity might cause more sideways fluctuation before turning back to resume the bearish trend, which its continuation conditions holding below 1.1385.
Expected trading range for today is between 1.1100 support and 1.1385 resistance.
Expected trend for today: Bearish