The EURUSD pair still stable below 1.1196, noticing that stochastic loses its positive momentum gradually heading towards the overbought areas, while the EMA50 keeps pushing negatively on the intraday trading.
Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, which its main targets begin by testing 1.1067 level, noting that breaching 1.1196 followed by 1.1245 levels will stop the expected decline and lead the price for attempts to regain the main bullish trend.
Expected trading range for today is between 1.1067 support and 1.1245 resistance.
Expected trend for today: Bearish