The EURUSD price rose on its intraday levels, compensating for some of its morning losses, with the continuation of the negative pressure that was caused by its trading below EMA50, amid the domination of a bearish correctional wave, and the appearance of negative signals on the (RSI).

Therefore, our bearish scenario remains valid in its upcoming intraday trading, if the resistance settles at 1.1430, to target 1.1265 support.

The expected trading range for today is between 1.1265 support and 1.1430 resistance

Todays forecast: Bearish

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