The EURUSD pair managed to breach the resistance line that appears on the chart and attempts to build support base above it, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, waiting to get positive motive that assists to push the price to achieve our main target at 1.0745.
Therefore, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50, reminding you that it is important to hold above 1.0580 to continue the expected rise.
The expected trading range for today is between 1.0580 support and 1.0730 resistance.
The expected trend for today: Bullish
Origin: Economies