The EURUSD pair provided negative trades yesterday and attempted to break 1.1200 level, but it returned to rise and hold above this level after leaning on 1.1170 level, which keeps our bullish overview valid and active, waiting for more rise to head towards our next main target that reaches 1.1418.
The EMA50 continues to support the suggested bullish wave, and breaching 1.1245 is required to reinforce the positive overview, taking into consideration that breaking 1.1200 followed by 1.1170 levels will put the price under correctional bearish pressure that targets testing 1.1105 areas initially.
The expected trading range for today is between 1.1170 support and 1.1310 resistance.
The expected trend for today: Bullish
Origin: Economies
