The EURUSD pair crawls gradually to the downside to fluctuate near the key support 1.1100 now, accompanied by stochastic reach to the oversold areas, which supports the strength of the current support areas and reinforce the chances of continuing the expected positive scenario on the short term basis.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by holding above 1.1100, reminding you with the main targets that begin at 1.1440 and extend to 1.2000 on the near term basis.
Expected trading range for today is between 1.1050 support and 1.1300 resistance.
Expected trend for today: Bullish