The EURUSD price touched 1.0780$ level and found solid support there, to show some slight bullish bias, affected by stochastic positivity that loses its positive momentum clearly, which supports the chances of resuming the negative trades in the upcoming sessions, as it moves within bearish channel that has negative targets that extend to 1.0700$ followed by 1.0670$.

Therefore, we expect to witness more decline on the intraday and short-term basis, noting that breaching 1.0800$ will lead the price to turn to rise and build bullish wave that its targets begin at 1.0880$.

The expected trading range for today is between 1.0700$ support and 1.0850$ resistance

Trend forecast: Bearish