The EURUSD price fluctuates within tight range since yesterday, settling around 1.0810$ level, noticing that stochastic lost its positive momentum and begins to overlap negatively now, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its targets begin at 1.0700$ followed by 1.0650$.

The EMA50 continues to support the suggested bearish wave, noting that breaching 1.0865$ will lead the price to achieve bullish correction that targets 1.0930$ followed by 1.0985$ levels.

The expected trading range for today is between 1.0730$ support and 1.0870$ resistance

Trend forecast: Bearish