The EURUSD pair confirmed breaking 1.1705 level after closing the daily candlestick below it, to face more expected negative pressure in the upcoming period, supported by stochastic and the EMA50 negativity.
Therefore, the bearish bias will be suggested for today, noting that our next main target is located at 1.1554, while breaching 1.1705 followed by 1.1775 levels represent the key to stop the current negative pressure and return to the main bullish trend again.
Expected trading range for today is between 1.1554 support and 1.1750 resistance.
Expected trend for today: Bearish