The EURUSD pair managed to touch our waited target at 1.0960 and attempts to breach it now, to support the expectations of continuing the correctional bullish trend, reminding you that our next target extends to 1.1080 areas on the near-term basis.
The EMA50 continues to support the suggested bullish wave, waiting to get positive momentum that assist to push the price to confirm breaching the current areas and head towards the expected target, taking into consideration that failing to surpass 1.0960 might push the price to rebound bearishly and head to test 1.0860 areas before any new positive attempt.
The expected trading range for today is between 1.0900 support and 1.1050 resistance.
The expected trend for today: Bullish