EURUSD Price Analysis The EURUSD prices bullish rally stopped at the broken neckline of the double top pattern that appears on the chart. Chances of continuing the negative effect of this pattern are valid, especially with stochastic showing clear overbought signals. We prefer to stay aside until we get clearer signal for the next trend, through: Breaching 1.0860$ resistance Breaking 1.0765$ support Continuing the rise and breaching the mentioned resistance will: Lead the price to cancel the mentioned negative pattern Head to visit 1.0960$ as a next positive target Breaking the support will: Push the price to decline again Target 1.0645$ mainly The expected trading range for today is between 1.0750$ support and 1.0920$ resistance.

Trend forecast: Neutral