The EURUSD pair opens today’s trading with bullish bias after the decline that it witnessed in the previous sessions, to move above 1.2125 again, which supports the continuation of our bullish overview on the intraday basis, which its targets begin at 1.2173 and extend to 1.2300.
Stochastic provides positive signals that support the expected rise, which will remain valid unless breaking 1.2064 and holding below it.
The expected trading range for today is between 1.2064 support and 1.2230 resistance.
The expected trend for today: Bullish