The EURUSD pair fluctuates around the EMA50, noticing that stochastic loses its positive momentum to enter the overbought areas, which supports the chances of bouncing bearishly to resume the main bearish trend, which its next target located at 1.0326.
Therefore, we will keep our bearish overview in the upcoming period conditioned by the price stability below 1.0519, noting that breaking the targeted level will extend the bearish wave to reach 1.0175.
Expected trading range for today is between 1.0350 support and 1.0519 resistance.
Expected trend for today: Bearish