The EURUSD price settles at 1.0960 level, and we suggest breaching this level to achieve more gains on the intraday and short-term basis, depending on the continuous effect of the inverted head and shoulders’ pattern that appears on the chart, reminding you that the next target reaches 1.1080.
The EMA50 continues to support the suggested bullish wave, noting that breaking 1.0925 will put the price under intraday negative pressure to target visiting 1.0860 level before any new positive attempt.
The expected trading range for today is between 1.0870 support and 1.1030 resistance.
Trend forecast: Bullish
Origin: Economies
