The EURUSD pair shows sideways and tight range trading since morning settled near the intraday bullish trend that appears in the image, while the EMA50 keeps forming negative pressure on the price, as long as the price below 1.1285, so our bearish trend expectations remain valid and active for today, reminding you that breaking 1.1180 required for opening the way towards 1.1060.
Stochastic positivity explains the reasons for the current sideways fluctuation.
Expected trading range for today is between 1.1100 support and 1.1300 resistance.
Expected trend for today: Bearish