The EURUSD pair shows more attempts to breach 1.1705 level, and continues to fluctuate between this resistance and the EMA50, to keep the bullish trend scenario valid as it is without any change, depending on the price stability above 1.1620 and 1.1554 levels, reminding you that breaching the mentioned resistance will extend the pair’s gains to reach 1.1800 followed by 1.1975 levels.
Stochastic begins to get rid of its negativity in attempt to gain positive momentum that assists to push the price to achieve the waited targets.
Expected trading range for today is between 1.1600 support and 1.1760 resistance.
Expected trend for today: Bullish