The EURUSD pair ended yesterday with clear negativity to test the key support 1.1720, accompanied by stochastic entering the oversold areas, waiting to motivate the price to rebound bullishly and resume the expected bullish trend for the upcoming period, which its targets begin at 1.1870.
Therefore, we will keep our positive overview conditioned by the price stability above 1.1720, as breaking this level will press on the price to return to the correctional bearish track and head towards 1.1540 as a next correctional station.
The expected trading range for today is between 1.1670 support and 1.1830 resistance.
The expected trend for today: Bullish
Origin: Economies
