The EURUSD pair did not show any strong move yesterday, affected by the US markets’ holidays, to keep its stability below 1.1443, which keeps the bearish trend scenario valid as it is without any change, supported by the EMA50 and stochastic negativity, waiting to target 1.1300 initially.
We remind you that breaching 1.1443 will push the price to achieve positive targets that start at 1.1550 and extend to 1.1705.
Expected trading range for today is between 1.1320 support and 1.1460 resistance.
Expected trend for today: Bearish