The EURUSD pair confirmed breaching 1.1420 level after closing the daily candlestick above it, which activates the bullish trend scenario on the intraday and short term basis, to resume its main bullish track that moves organized inside the bullish channels that appear on the chart, waiting to head towards 1.1500 followed by 1.1550 levels as next main stations.
The EMA50 supports the price from below, to reinforce the positive overview, which will remain valid unless breaking 1.1420 and the most important 1.1350 levels and holding below them.
The expected trading range for today is between 1.1390 support and 1.1550 resistance.
The expected trend for today: Bullish
Origin: Economies
