The EURUSD pair ended yesterday above 1.0960 level, and by taking a deeper look at the chart, we find that the price completed forming bullish pennant pattern, to get positive motive that supports the chances of continuing the rise and achieve positive targets that start by visiting 1.1080.
Therefore, the bullish bias will be suggested for today, supported by moving above the EMA50, noting that breaking 1.0960 will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 1.0940 support and 1.1080 resistance.
The expected trend for today: Bullish
Origin: Economies
