The EURUSD pair resumes its negative trades to move away from the intraday bearish channel’s resistance, motivated by the negative signal provided by stochastic, waiting for more decline for the rest of the day, which targets 1.1150 as a next main station, while holding below 1.1375 represents key condition to continue the suggested bearish wave.
The expected trading range for today is between 1.1230 support and 1.1375 resistance.
The expected trend for today: Bearish