- EUR/USD Analysis
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EUR/USD Analysis
The EURUSD pair rallied upwards to breach the 1.0640 level and settled above it to start the bullish correction for the entire decline measured from 1.1275 to 1.0448, on its way to achieving positive targets that start by testing 1.0764.*Therefore, the bullish bias will be suggested for today, supported by the EMA50 that carries the price inside the bullish channel that appears on the chart, noting that breaking 1.0640 will stop the expected rise and push the price to test 1.0535 areas before any new positive attempt.The expected trading range for today is between 1.0610 support and 1.0770 resistance.
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