The EURUSD pair managed to achieve our main waited target at 1.1443 and begins to provide bearish rebound signals from there, which makes us suggest witnessing negative trades in the upcoming sessions, to start bearish correction for the last rise, targeting visiting 1.1340 areas mainly.
Therefore, the bearish bias will be suggested for today supported by stochastic negativity, noting that breaching 1.1443 will stop the correctional bearish scenario and push the price to continue rising on the short term basis.
The expected trading range for today is between 1.1340 support and 1.1500 resistance.
The expected trend for today: Bearish
Origin: Economies
