The EURUSD price provided additional positive trades yesterday to test the EMA50, noticing that stochastic continues to lose the positive momentum, which supports the chances of bouncing bearishly to resume the main bearish trend, waiting to break 1.0220$ level to confirm rallying towards 1.0100$ as a next main target.

 

Holding below 1.0325$ is important to the continuation of the expected decline, as breaching it will lead the price to achieve more gains that reach 1.0455$ as a next positive station.

 

The expected trading range for today is between 1.0210$ support and 1.0360$ resistance

 

Trend forecast: Bearish