The EURUSD pair reached the thresholds of the waited target at the bullish channel’s support line and begins to rebound bullishly, to hint the price head to attempt to resume the main bullish trend, supported by stochastic positivity.
Therefore, the bullish bias will be suggested for today, and the first target is represented by testing 1.1180 level, taking into consideration that breaking 1.1065 will stop the expected rise and press on the price to achieve more decline on the intraday and short term basis.
The expected trading range for today is between 1.1040 support and 1.1180 resistance.
The expected trend for today: Bullish