The EURUSD pair trades positively since morning to reach the first main waited target at 1.1494, waiting for breaching this level to confirm opening the way towards the extension of the bullish wave towards 1.1700.
In general, the bullish trend scenario remains valid and active for today as long as the price above 1.1264 level, supported by the EMA50, pointing that stochastic current negativity might cause some temporary sideways fluctuation before it returns to resume the suggested bullish trend.
Expected trading range for today is between 1.1400 support and 1.1600 resistance.
Expected trend for today: Bullish