The EURUSD pair shows some slight bullish bias after the bearish rebound that it witnessed in the previous sessions, affected by stochastic positivity, while the EMA50 forms continuous negative pressure against the price, to support the continuation of the expected bearish trend for the upcoming period, which its next target located at 1.0650.
Therefore, we will keep our bearish overview for today, and breaking the targeted level will push the price to 1.0520 as a next negative station, while the expected decline will remain valid unless the price rallied to breach 1.0730 and hold above it.
The expected trading range for today is between 1.0600 support and 1.0750 resistance.
The expected trend for today: Bearish