The EURUSD pair couldn’t manage to confirm breaking 1.0860 level, to rebound bullishly and surpass 1.0890 level by today’s open and attempts to hold above it, which hints heading to recover and regain the bullish trend again, on its way to test 1.0960 as a first positive station.
Therefore, the bullish bias will be suggested for today, and breaching the targeted level will extend the bullish wave to reach 1.1080 on the near-term basis, noting that breaking 1.0860 will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 1.0820 support and 1.0980 resistance.
The expected trend for today: Bullish
Origin: Economies
