The EURUSD pair ended yesterday above 1.1888 level, which leads the price to start recovery attempts on the intraday basis, targeting testing 1.1975 level initially, noting that stochastic current negativity might hinder the price’s positive attempts.
Breaching the targeted level will extend the pair’s gains to reach 1.2064 as a next station, while breaking 1.1888 represents the key to resume the bearish wave that its next target located at 1.1780.
The expected trading range for today is between 1.1850 support and 1.2000 resistance.
The expected trend for today: Bullish