The EURUSD pair shows sideways trading recently and keeps its stability above the first key support 1.0581, as the EMA50 meets this level to add more strength to it, while bullish channel's signs appear on the chart, carrying the price from the last recorded low at 1.0339, which reinforces the chances of continuing the bullish bias in the upcoming period.
Therefore, the bullish trend will remain valid and active on the intraday and short term basis unless breaking 1.0581 followed by 1.0519 levels and holding below them, reminding you that the waited positive targets begin at 1.0731 and extend to 1.0852 after breaching the previous level.
Expected trading range for today is between 1.0519 support and 1.0731 resistance.
Expected trend for today: Bullish