The EURUSD pair tests the key resistance that declines now to 1.1790 to move below it now, which hints the price head to activate the bullish trend scenario on the intraday and short term basis, paving the way to head towards 1.1929 as a next main target.
Therefore, the bullish trend will be expected in the upcoming sessions, supported by moving above the EMA50, noting that the continuation of the expected rise depends on holding above 1.1790 and the most important above 1.1735.
Expected trading range for today is between 1.1700 support and 1.1900 resistance.
Expected trend for today: Bullish