The EURUSD pair shows sideways trading since yesterday, and still stable below 1.1400 barrier, noticing that stochastic approaches to provide negative overlapping signal on the daily time frame, waiting to motivate the price to resume the expected bearish trend on the intraday and short term basis, which targets 1.1300 followed by 1.1181 levels mainly.
We remind you that breaching 1.1443 will stop the suggested negative scenario and lead the price to achieve gains that start at 1.1550 followed by 1.1705.
Expected trading range for today is between 1.1270 support and 1.1440 resistance.
Expected trend for today: Bearish