The EURUSD pair kept its stability above 1.0731 level that forms key support base now, as price leaned well above this level and bounced bullishly to resume its main bullish track, which is organized inside the bullish channel that appears on chart, heading towards our next target at 1.0852.
Therefore, we are waiting for more rise in the upcoming period, supported by the EMA50 that keeps carrying the price from below, noting that holding above 1.0731 represents key condition to continue the bullish momentum for today.
Expected trading range for today is between 1.0700 support and 1.0880 resistance.
Expected trend for today: Bullish