The EURUSD pair shows tight trading since morning settled below the bearish channel’s resistance level, to keep the bearish trend scenario valid as it is for today, supported by the negative signal that comes from stochastic, waiting for targeting 1.0600 then 1.0200 levels mainly.
We remind you that holding below 1.0890 and 1.1025 levels important for the continuation of the suggested bearish trend.
Expected trading range for today is between: 1.0720 support and 1.0945 resistance.
Expected trend for today: Bearish