The EURUSD pair settles above 1.2200 barrier after the strong bullish rally that it witnessed yesterday, getting continuous positive support by the EMA50, waiting to achieve more rise to visit 1.2300 that represents our next main target.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.2170, as breaking this level might press on the price to test 1.2095 areas initially before any new attempt to rise.
The expected trading range for today is between 1.2170 support and 1.2300 resistance.
The expected trend for today: Bullish
Origin: Economies
