The EURUSD pair traded with clear negativity yesterday to touch our first waited target at 1.1305, finding difficulty to surpass this level, to show some bullish bias affected by stochastic positivity, waiting to continue the decline to break the mentioned level and open the way to head towards 1.1150 as a next negative target.
Therefore, our bearish overview will remain valid and active unless the price rallied to breach 1.1375 and hold above it.
The expected trading range for today is between 1.1240 support and 1.1380 resistance.
The expected trend for today: Bearish