The EURUSD pair hovers around the EMA50 since morning, and the price needs more of the positive momentum to continue the bullish bias in the upcoming period, where the bullish trend scenario remains valid and active if the price settled above 1.1160 level.
Breaching 1.1260 level will ease the price mission to head towards our main targets that begin at 1.1356 and extend to reach 1.1614 on the short- term basis.
Expected trading range for today is between 1.1100 support and 1.1356 resistance.
Expected trend for today: Bullish