The EURUSD pair shows some slight bearish tendency affected by the negativity of the stochastic indicator, waiting for a positive momentum that will push the price to resume the bullish bias and initially touch 1.2170.
Consequently, we will continue suggesting the upside move that regulates inside the ascending channel shown in the image unless breaking 1.2064 and holding below it, noting that breaching the aforementioned target will extend the bullish wave to reach 1.2300 as a next positive station.
The expected trading range for today is between 1.2064 support and 1.2220 resistance
The expected general trend for today: Bullish