The EURUSD price trades positively to approach the first key resistance 1.0325$, noticing that stochastic lost its positive momentum to show clear overbought signals now, while the EMA50 forms continuous negative pressure against the price.
Therefore, we believe that the chances valid to resume the main bearish trend in the upcoming sessions, which its next target reaches 1.0170$ areas, noting that breaching 1.0325$ followed by 1.0370$ levels will stop the bearish trend and push the price to build bullish wave on the intraday and short-term basis.
The expected trading range for today is between 1.0240$ support and 1.0380$ resistance
Trend forecast: Bearish
