The EURUSD pair shows slight bearish bias affected by stochastic negativity but it keeps its stability above 1.1418 level, which represents the first protection factor for the continuation of the suggested positive scenario in our last reports, while the EMA50 keeps providing positive support for the price.
Therefore, we will keep our bullish trend expectations in the upcoming sessions unless breaking 1.1418 then 1.1335 levels and holding below it, reminding you that the waited targets at 1.1565 then 1.1665.
Expected trading range for today is between 1.1400 support and 1.1565 resistance.
Expected trend for today: Bullish