The EURUSD pair couldn’t manage to hold for long time above 1.1888, to settle below it again, and we need to stay aside until the price confirms its situation according to this level followed by detecting its next destination clearly, especially that we might witness calm trades today, affected by the US holidays.
Note that breaching the mentioned level will lead the price to achieve additional gains that reach 1.1975, while consolidating below it will push the price to start intraday bearish wave that targets testing 1.1830 and might extend to 1.1780 before any new attempt to rise.
The expected trading range for today is between 1.1800 support and 1.1950 resistance.
The expected trend for today: Neutral
Origin: Economies
