The EURUSD pair shows some slight bullish bias since morning affected by stochastic positivity, while the EMA50 continues to form negative pressure against the intraday trading, to support the continuation of the correctional bearish bias for the rest of the day.
Therefore, the bearish trend will remain suggested in the upcoming sessions unless breaching 1.1215 level and holding above it, reminding you that our main waited target is located at 1.1060.
Expected trading range for today is between 1.1000 support and 1.1215 resistance.
Expected trend for today: Bearish