The EURUSD pair trades with slight positivity after approaching our waited target at 1.1700, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the bearish trend, which its targets extend to 1.1600.
Therefore, the bearish trend scenario will remain valid and active for the upcoming period unless breaching 1.1780 and holding above it.
The expected trading range for today is between 1.1660 support and 1.1800 resistance.
The expected trend for today: Bearish
Origin: Economies
