The EURUSD achieves intraday gains – Analysis - 03-06-2022
Economies.com
2022-06-03 04:12AM UTC
The EURUSD pair rallied upwards yesterday to reach 1.0770 level, and begins to provide bearish rebound signals now, as stochastic shows clear overbought now, which forms negative motive that we expect to press on the price to decline in the upcoming sessions.
Therefore, the bearish bias will be suggested for today unless breaching 1.0770 and holding above it, noting that our first target is located at 1.0670.
The expected trading range for today is between 1.0660 support and 1.0820 resistance.
The expected trend for today: Bearish
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