- EUR/USD Analysis
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EUR/USD Analysis
The EUR/USD pair finds good support at the EMA50 to show some slight bullish bias, noticing that stochastic loses its positive momentum, waiting to motivate the price to resume the negative trades and test 1.0640 initially, and reminding you that breaking this level will push the price to achieve negative targets that start at 1.0540 and extend to 1.0450.Therefore, the bearish trend will remain active, noting that breaching 1.0695 will lead the price to achieve additional gains that reach 1.0760 before any new attempt to decline. The expected trading range for today is between 1.0600 support and 1.0740 resistance.
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