The EURUSD pair managed to surpass the EMA50 and settles above it now, accompanied by witnessing positive overlapping signal through stochastic, which supports the continuation of our bullish overview efficiently in the upcoming period, waiting to breach 1.1705 level to confirm opening the way to extend the bullish wave towards our next target that reaches 1.1975.
Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 1.1554.
Expected trading range for today is between 1.1580 support and 1.1750 resistance.
Expected trend for today: Bullish