The EURUSD pair shows some slight bearish bias since morning heading towards testing the key support 1.0990, which represents one of the key levels that limit the current trading besides 1.1100 resistance, and as we mentioned this morning, the price needs to breach one of these levels to detect the next targets clearly, which makes us continue with our neutrality until now.
The contradiction between the EMA50 positivity and stochastic negativity is another reason for neutrality, and to know more about the details of the expected targets after breaching one of the above mentioned levels, please review our morning report.
Expected trading range for today is between 1.0900 support and 1.1200 resistance.
Expected trend for today: Neutral