The EURUSD pair managed to surpass the EMA50 and settles above it now, reinforcing the expectations of continuing the intraday bullish trend, which targets testing 1.1780 level mainly, reminding you that it is important to monitor the price at this level, due to its importance to determine the next destination.
Note that breaching the targeted level will extend the bullish wave to reach 1.1885 as a next target, while breaking 1.1675 represents negative factor that will stop the suggested positive scenario and press on the price to resume the main bearish trend again.
The expected trading range for today is between 1.1675 support and 1.1820 resistance.
The expected trend for today: Bullish
Origin: Economies
