The EURUSD pair rebounds upwards clearly now after leaning on the support line that was formed above the previously breached resistance of the bearish channel, to resume the bullish track in the upcoming sessions, reinforcing the expectations of achieving more gains for the rest of the day.
Therefore, the bullish trend scenario will remain active on the intraday and short term basis conditioned by holding above 1.1679, reminding you that our next main target is located at 1.2100.
Expected trading range for today is between 1.1679 support and 1.1850 resistance.
Expected trend for today: Bullish