The EURUSD pair resumes its negative trading calmly on its way to visit our main waited target at 1.1050, to keep the bearish trend scenario valid and active for the rest of the day, supported by the negative overlapping signal provided now by stochastic, reminding you that the expected decline will remain valid unless breaching 1.1140 level and holding above it again.
Note that it is important to be careful during the upcoming trading, especially at the time of releasing the US economic data that might cause high volatility at the markets.
The expected trading range for today is between 1.1030 support and 1.1180 resistance.
The expected trend for today: Bearish