The EURUSD pair shows some bearish bias to test the key support 1.1620, which represents the first protecting factor to the continuation of today’s suggested bullish trend scenario, as breaking it will push the price to test 1.1554 level before determining its next destination clearly.
Until now, we will keep our positive overview conditioned by the price stability above 1.1620 and 1.1554 levels, reminding you that our main targets begin at 1.1705 and extend to 1.1800.
Expected trading range for today is between 1.1550 support and 1.1740 resistance.
Expected trend for today: Bullish