The EURUSD pair ended yesterday’s trading below the bullish channel’s support line, but it begins today’s with new bullish bias in attempt to return to this channel, as it gets positive motive provided by stochastic, which supports the chances of continuing the rise in the upcoming sessions, noting that breaching 1.1275 will push the price to achieve gains that start at 1.1350 and extend to 1.1443.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 1.1245 level and holding below it.
The expected trading range for today is between 1.1200 support and 1.1360 resistance.
The expected trend for today: Bullish