The EURUSD pair trades positively to approach the key resistance 1.2064, affected by stochastic positivity, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for today, supported by the negative pressure formed by the EMA50, waiting to test 1.1975 as a next target.
Note that breaching 1.2064 and holding above it will stop the negative scenario and lead the price to resume the bullish wave again.
The expected trading range for today is between 1.1940 support and 1.2100 resistance.
The expected trend for today: Bearish