EUR/USD forecast. Trend forecast: Bullish

eur_usdThe EURUSD price shows calm bullish bias, waiting for more rise to achieve our main expected target at 1.1240$, which represents the bullish channel’s resistance line.

Stochastic continues to provide the positive signals that support the suggested bullish wave, which will remain valid conditioned by the price stability above 1.1100$.

The expected trading range for today is between 1.1060$ support and 1.1210$ resistance.

Trend forecast: Bullish

Origin: Economies

 

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