The EURUSD pair shows more fluctuation around the symmetrical triangle’s resistance that appears on the chart, and we still waiting to confirm breaching this level to rally upwards and resume the main bullish trend, as our next main target is located at 1.2536.
In general, we will continue to suggest the bullish trend conditioned by the price stability above 1.2304, noting that the EMA50 keeps supporting the suggested bullish wave.
Expected trading range for today is between 1.2300 support and 1.2480 resistance.
Expected trend for today: Bullish