The EURUSD pair is currently exhibiting a bullish bias, influenced by positive stochastic indicators. However, as long as the price remains below the $1.0880 level, the bearish outlook will persist for today. This level is critical for the continuation of the negative scenario, supported by the 50-day Exponential Moving Average (EMA50). A resumption of negative trading is anticipated, with a target of $1.0780 as the next key support level.
The expected trading range for today is between a support level of $1.0760 and a resistance level of $1.0910.
Trend Forecast: Bearish
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