The EURUSD pair shows more bullish bias to keep approaching our first waited target at 1.1865, getting continuous positive support by the EMA50, which supports the expectations of achieving more gains in the upcoming sessions, noting that breaching this level will extend the bullish wave to reach 1.2011 as a next target.
Note that the stability of 1.1865 level against the current bullish wave will force the price to rebound bearishly and head towards potential test to 1.1720 areas before any new attempt to rise.
The expected trading range for today is between 1.1760 support and 1.1940 resistance.
The expected trend for today: Bullish
Origin: Economies
