EURUSD Price Analysis Expected Scenario The EURUSD price keeps declining to approach the bullish channels support line that appears on the chart, noticing that the EMA50 supports the price from below, accompanied by stochastic reach to the oversold areas, which supports the chances of bouncing bullishly to resume the bullish wave within the mentioned channel, waiting to breach 1.0876$ to confirm rallying towards 1.0976$ as a next target. Therefore, we will continue to suggest the overall bullish trend, noting that breaking 1.0830$ followed by 1.0795$ levels will stop the expected rise and push the price to turn to decline. Expected Trading Range Between 1.0770$ support and 1.0930$ resistance.

Trend Forecast: Overall bullish