The EURUSD pair continues to fluctuate within the minor bearish channel that forms the bullish flag pattern mentioned yesterday, waiting to breach 1.1375 level to activate the positive effect of this pattern followed by rallying to achieve our main positive targets that begin at 1.1443 and extend to 1.1565.
The EMA50 continues to support the suggested bullish wave, noting that breaking 1.1320 will press on the price to test 1.1265 and might extend to 1.1180 levels before any new attempt to rise.
The expected trading range for today is between 1.1380 support and 1.1443 resistance.
The expected trend for today: Bullish