The EURUSD pair settles near the bullish channel's resistance that appears on chart, and the price gets continuous positive support by the EMA50, which keeps the chances valid to continue the bullish trend on the short term basis, noting that breaching 1.1790 will confirm extending the bullish wave to reach 1.1870 areas mainly.
Therefore, we will keep our bullish overview conditioned by holding above 1.1650 level, as breaking this level will put the price under the negative pressure to push trading to decline towards 1.1418 areas according to the trading rules inside the channels before any new attempt to rise.
Expected trading range for today is between 1.1650 support and 1.1870 resistance.
Expected trend for today: Bullish