The EURUSD pair continues to fluctuate above the bearish channel’s resistance, and stochastic heads gradually towards the oversold levels, while the EMA50 keeps providing positive support for the price.
Therefore, we will keep our bullish trend expectations conditioned by holding above 1.0985, waiting for heading to 1.1180 that represents our next main target.
The expected trading range for today is between 1.0950 support and 1.1120 resistance.
The expected trend for today: Bullish