The EURUSD affected by the negative momentum – Analysis - 26-06-2019

The EURUSD pair shows bearish bias after approaching our waited target at 1.1443 yesterday, to move around 1.1355 now, as the price is affected by stochastic negativity, noting that the continuation of the bearish bias and breaking 1.1320 will press on the price to achieve more decline and test 1.1265 and might extend to 1.1180 levels before any new attempt to rise.

Until now, the positive scenario will remain active for today conditioned by the price stability above 1.1320, reminding you that breaching 1.1443 will extend the bullish wave to reach 1.1565 as a next station.

The expected trading range for today is between 1.1380 support and 1.1443 resistance.

The expected trend for today: Bullish