The EURUSD pair closed last Friday above 1.0550 level, to activate the bullish trend scenario on the intraday basis, organized inside the bullish channel that appears on the chart, waiting for positive trades in the upcoming sessions that target 1.0670 areas mainly.
Therefore, the bullish bias will be suggested for today, noting that breaking 1.0550 followed by 1.0525 levels will stop the positive scenario and press on the price to turn to decline.
The expected trading range for today is between 1.0500 support and 1.0640 resistance.
The expected trend for today: Bullish