The EURUSD pair provided positive trades in the previous sessions and attempts to surpass 1.1300 barrier, but it returns to decline now, motivated by the negative overlapping signal provided by stochastic, waiting to push the price to achieve more bearish bias in the upcoming sessions, noting that the expected targets begin at 1.1245 and extend to 1.1150 after breaking the previous level.
On the other hand, we should note that breaching 1.1375 will stop the suggested negative scenario and lead the price to turn to rise.
The expected trading range for today is between 1.1200 support and 1.1360 resistance.
The expected trend for today: Bearish
Origin: Economies
