The EURUSD pair completed forming a double bottom pattern that its lines appears in the above image, noticing that stochastic gains the positive momentum gradually, waiting for motivating the price to continue the upside move, keeping the bullish trend scenario valid and active in the upcoming period, supported by the EMA50.
Our next main target reaches to 1.2300, reminding you that holding above 1.2145 is important for the continuation of the expected rise.
The expected trading range for today is between 1.2100 support and 1.2270 resistance.
The expected trend for today: Bullish
Origin: Economies
