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The EURUSD gets a positive signal - 11-09-2023
The EURUSD pair begins today with bullish bias to move away from 1.0700 barrier, noticing that stochastic overlaps positively now, thus, we believe that the price is on its way to achieve gains in the upcoming sessions, targeting testing 1.0785 initially, noting that breaching this level will extend the bullish wave to reach 1.0880 areas on the near-term basis.
Note that the consolidation of 1.0785 against the current rise will push the price to resume the main bearish track, while on the other hand, breaking 1.0700 will stop the suggested positive scenario and push the price to decline again.
The expected trading range for today is between 1.0650 support and 1.0810 resistance.
The expected trend for today: Bullish
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