The EURUSD pair fluctuates around the EMA50 that forms intraday resistance at 1.2330, waiting to surpass this level to ease the mission of continuing the rise.
In general, we will continue to suggest the bullish trend in the upcoming sessions as long as 1.2304 level remains intact, noting that the next main target reaches the recently recorded top at 1.2536.
Expected trading range for today is between 1.2260 support and 1.2420 resistance.
Expected trend for today: Bullish