The EURUSD pair begins today’s trading with new bullish bias to move away from the intraday bullish channel’s support line that carries the price from 1.1176 areas, noticing that stochastic provides positive overlapping signal now, which supports the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our main waited target at 1.1420.
Therefore, we will continue to suggest the bullish trend for today unless breaking 1.1270 level and holding below it.
The expected trading range for today is between 1.1270 support and 1.1440 resistance.
The expected trend for today: Bullish
Origin: Economies
