The EURUSD pair resumes its positive trading after leaning on the intraday bullish channel’s support line, and stochastic prepares to provide positive overlapping signal that we are waiting to motivate the price to provide more bullish bias in the upcoming sessions.
These factors support the continuation of our bullish overview, which its targets begin at 1.1975 and extend to 1.2064 after surpassing the previous level, reminding you that it is important to hold above 1.1888 to achieve these targets.
The expected trading range for today is between 1.1860 support and 1.2010 resistance.
The expected trend for today: Bullish