The EURUSD pair tested 1.1250 resistance yesterday and bounced downwards clearly from there, to fluctuate near the key support 1.1180, which keeps the bearish trend scenario valid for the upcoming period, supported by stochastic approach to the overbought areas, waiting to motivate the price to break the mentioned support and open the way to visit 1.1100 as a next station.
Therefore, we are waiting for more decline in the upcoming sessions conditioned by the price stability below 1.1250.
The expected trading range for today is between 1.1120 support and 1.1280 resistance.
The expected trend for today: Bearish