EURUSD Price Analysis
Expected Scenario
The EURUSD price shows calm positivity, testing the EMA50 as minor resistance.
Stochastic indicates a loss of positive momentum, suggesting a potential resumption of the bearish trend.
Initial targets for the expected bearish trend start with a break below $1.0615, aiming for $1.0520.
Above $1.0715, the decline scenario may be invalidated, with potential recovery targets around $1.0795.
Expected Trading Range
Between $1.0580 support and $1.0725 resistance.
Trend Forecast: Bearish
Origin: Economies
