The EURUSD price begins to rise after reaching the bullish channel’s support line that appears on the chart, to head towards resuming the main bullish trend in the upcoming sessions, motivated by stochastic current positivity, waiting to surpass 1.1200$ barrier to open the way to visit the channel’s resistance line around 1.1300$.
Therefore, we expect to witness positive trades today, noting that breaking 1.1105$ will push the price to start bearish correction before turning back to rise again.
The expected trading range for today is between 1.1060$ support and 1.1220$ resistance.
Trend forecast: Bullish
