The EURUSD pair resumes its negative trading after testing 1.0730 level, motivated by stochastic negativity that appears clearly now, to keep the bearish trend scenario valid and active for today, waiting to test 1.0650, noting that breaking this level will extend the bearish wave to reach 1.0520.
The EMA50 supports the continuation of the expected decline, which will remain valid conditioned by the price stability below 1.0730.
The expected trading range for today is between 1.0630 support and 1.0795 resistance.
The expected trend for today: Bearish