The EURUSD price ended yesterday above 1.1100$ level, to revive the expected bullish trend scenario on the intraday and short-term basis, which targets 1.1200$ as a next positive station.
We should note that the price begins today negatively to test the key support 1.1100$, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend active, as breaking it will put the price under the correctional bearish pressure again, to head towards visiting 1.1040$ areas initially.
The expected trading range for today is between 1.1040$ support and 1.1180$ resistance.
Trend forecast: Bullish
