The EURUSD pair keeps its stability below 1.0860$ after the positive attempts that it witnessed yesterday, to continue suggesting the bearish trend on the intraday basis, reminding you that our waited target is located at 1.0765$.
Note that the continuation of the decline and surpassing the mentioned level will extend the bearish wave to reach 1.0645$ as a next negative station, while on the other hand, we should note that breaching 1.0860$ followed by 1.0885$ levels will stop the suggested bearish wave, to complete forming bullish pattern that has positive targets that start at 1.0960$ and extend to 1.1020$ after surpassing the previous level.
The expected trading range for today is between 1.0770$ support and 1.0920$ resistance.
Trend forecast: Bearish
Origin: Economies
