The EURUSD pair provided slight negative trades yesterday to test the EMA50 that forms good support against the price, noticing that stochastic begins to overlap positively now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 1.0745 as a next main station.
Holding above 1.0580 represents the first condition to continue the bullish trend, as breaking it will press on the price to test the most important support at 1.0515 before any new attempt to rise.
The expected trading range for today is between 1.0580 support and 1.0730 resistance.
The expected trend for today: Bullish
Origin: Economies
