EURUSD Price Analysis Expected Scenario The EURUSD price bounced upwards clearly after approaching the 1.0715$ level, to test the broken support of the intraday bullish channel that appears on the chart, approaching the key resistance at 1.0795$. However, it's worth noting that stochastic lost its positive momentum to show clear overbought signals, which supports the chances of turning back to decline again in the upcoming sessions.

Therefore, we expect to witness new negative trades today, and the targets begin at 1.0715$ and extend to 1.0615$ after breaking the previous level. It's important to note that the continuation of the rise and breaching of 1.0795$ will stop the expected decline and lead the price to turn to rise.

Expected Trading Range for Today Between the support at 1.0690$ and the resistance at 1.0850$

Trend Forecast: Bearish