The EURUSD pair confirmed breaking 1.1315 level after ending yesterday below it, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our main waited target reaches 1.1150.
Stochastic loses its positive momentum clearly to support the chances of resuming the negative trades today, besides the negative pressure formed by the EMA50, noting that the continuation of the bearish wave depends on the price stability below 1.1375.
The expected trading range for today is between 1.1230 support and 1.1375 resistance.
The expected trend for today: Bearish