The EURUSD pair continues to fluctuate between the trend confirmation levels represented by 1.2120 support and 1.2173 resistance, facing contradiction between the technical indicators, which makes us continue with our neutrality until we get clearer signal for the next trend.
We remind you that breaking the mentioned support will press on the price to decline towards 1.2064 direct, while breaching the resistance will lead the price to resume the main bullish trend and achieve positive targets that start at 1.2300.
The expected trading range for today is between 1.2060 support and 1.2250 resistance.
The expected trend for today: Neutral