The EURUSD pair rallied upwards to breach 1.0550 level and settles above it, and closed the last four hours’ candlestick above this level to add more confirmation to the continuation of the positive scenario for the rest of the day, paving the way to head towards 1.0670 that represents our next main target, noting that the continuation of the bullish wave requires holding above 1.0550 and the most important above 1.0495.
The expected trading range for today is between 1.0450 support and 1.0610 resistance.
The expected trend for today: Bullish