The EURUSD pair settles around the EMA50, and the price still above the previously breached resistance of the minor bearish channel, noticing that stochastic enters the oversold areas now, thus, we believe that the chances are valid to trade positively in the upcoming sessions, to keep the bullish trend suggested for today.
Our first target is located at 1.1965, and breaching this level will push the price towards 1.2100 direct, noting that breaking 1.1760 will put the price under the negative pressure again, to head towards testing 1.1679 initially before detecting the next destination on the short term basis.
Expected trading range for today is between 1.1679 support and 1.1900 resistance.
Expected trend for today: Bullish