The EURUSD pair settles around 1.1030 level since yesterday, keeping its stability above the breached resistance of the bearish channel, while stochastic approaches to provide positive signal on the four hours’ time frame.
Therefore, the bullish trend scenario will remain valid for the upcoming period, depending on the price stability above 1.0985 level, reminding you that we are waiting to visit 1.1180 level as a next main station.
The expected trading range for today is between 1.0950 support and 1.1120 resistance.
The expected trend for today: Bullish