The EURUSD pair fluctuates around the EMA50, and the price still confined between the key levels represented by 1.1300 support and 1.1400 resistance, and as we mentioned in our recent reports, the price needs to breach one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.
We remind you that breaking the mentioned support will put the price under the negative pressure again, to target 1.1180 level initially, while breaching the resistance will open the way to extend the pair’s gains to reach 1.1443 followed by 1.1550 levels as first main stations.
The expected trading range for today is between 1.1280 support and 1.1460 resistance.
The expected trend for today: Neutral