The EURUSD pair settles above 1.2390 level, as the EMA50 continues to support the price from below, while stochastic shows clear oversold signals.
Therefore, our bullish overview will remain valid for the rest of the day unless breaking 1.2390 level and holding below it, reminding you that our first target is located at 1.2536.
Expected trading range for today is between 1.2360 support and 1.2536 resistance.
Expected trend for today: Bullish