The EURUSD pair settles above 1.1005 level, which makes us keep our intraday bullish overview, which targets testing the bearish channel’s resistance around 1.1095 before turning back to resume the main bearish trend again.
We remind you that breaching the mentioned resistance will extend the bullish wave to target 1.1180 level, while breaking 1.1005 will stop the expected rise and press on the price to head towards 1.0857 mainly.
The expected trading range for today is between 1.0950 support and 1.1100 resistance.
The expected trend for today: Bullish temporarily