The EURUSD pair’s rise stopped at the EMA50, to start providing negative trades by today’s open, noticing that stochastic overlaps negatively now, which support the chances of achieving more decline in the upcoming sessions, waiting to attack 1.1888 and open the way to head towards 1.1780 as a next main station.
Therefore, we will keep our bearish overview unless breaching 1.1976 and holding with a daily close above it.
The expected trading range for today is between 1.1830 support and 1.1976 resistance.
The expected trend for today: Bearish