The EURUSD price continued to decline to surpass our waited target at 1.0400$ and approach few pips away from the extended target at 1.0333$, noticing that the price begins today with bullish bias affected by stochastic positivity, while the EMA50 forms negative pressure against the price to support the chances of resuming the negative trades again.
Therefore, the bearish trend will remain suggested for the upcoming period, and the targets begin by breaking 1.0333$ to open the way to head towards 1.0250$ as a next station, noting that continuing the rise and breaching 1.0475$ will stop the bearish wave and lead the price to achieve bullish correction on the intraday basis.
The expected trading range for today is between 1.0300$ support and 1.0445$ resistance
Trend forecast: Bearish
