The EURUSD pair provided positive trades yesterday, and stopped at the EMA50 that forms good resistance against the price, accompanied by stochastic loss to the positive momentum and reaching the overbought areas.
These factors support the chances of resuming the expected bearish trend on the intraday basis, waiting to test 1.0515 initially, reminding you that breaking this level will push the price to 1.0440 as a next station.
Therefore, the bearish trend scenario will remain valid conditioned by the price stability below 1.0645.
The expected trading range for today is between 1.0490 support and 1.0650 resistance.
The expected trend for today: Bearish