The price of (EURUSD) declined in its recent intraday levels, to exit the minor bullish channel’s range, forming a negative technical pattern, represented by the double top pattern on its intraday levels, forming temporary pressure that forced it to expand its early losses, amid the continuation of the positive support due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis alongside a bias line, besides the (RSI) reach to oversold level, exaggeratedly compared to the pair’s move, indicating the formation of positive divergence.
Therefore, our expectations suggest a rise in the (EURUSD) price in its upcoming intraday trading, and there is a possibility for the continuation of the tactical decline to lean on the support level at 1.1690, before rising again to target the critical resistance level at 1.1830.
Expected trading range for today: Between the support at 1.1675 and resistance at 1.1790
Today’s forecast: Bullish
BestTradingSignal.com – Professional Trading Signals
High-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s most important markets – all powered by BestTradingSignal.com .
The longer the subscription, the greater the savings and the more value you get.
Weekly performance report available here: Trading Signal Results – Week of July 14–18, 2025