The EURUSD pair bounced bullishly after testing the EMA50, to crawl towards our first waited positive target at 1.2173, to keep the bullish trend scenario valid and active for the upcoming period, reminding you that breaching the mentioned level will extend the bullish wave to reach 1.2300 as a next target.
On the other hand, we should note that breaking 1.2064 will stop the suggested rise and press on the price to return to the correctional bearish track again.
The expected trading range for today is between 1.2065 support and 1.2220 resistance.
The expected trend for today: Bullish
Origin: Economies
