The EURUSD pair ended yesterday’s trading above 1.1235 level, which leads the price to start recovery attempts on the intraday basis, expecting to head towards 1.1350 followed by 1.1443 levels in the upcoming sessions, making the bullish bias suggested for today.
Note that the expected rise is temporary unless breaching the last level, as breaching it will extend the bullish wave to reach 1.1550 as a next station, while bouncing bearishly and breaking 1.1235 followed by 1.1180 levels will stop the suggested positive possibility and push the price to resume the main bearish trend that its next target located at 1.1100.
The expected trading range for today is between 1.1180 support and 1.1350 resistance.
The expected trend for today: Bullish temporarily
Origin: Economies
