today is between the support 1.0970 and the resistance 1.1120

EURUSD

The euro/dollar pair tested the moving average 50, which formed good support at 1.1010 and maintained its stability above it, to start the day positively and try to resume the main bullish trend, waiting to motivate the price to provide more positive trades during the coming sessions, waiting for a breach of 1.1075 to confirm the rush towards 1.1150 as the next target.



Therefore, we continue to suggest the bullish trend on the intraday and short-term basis, noting that breaking 1.1010 will stop the positive scenario and put the price under additional negative pressure, to head towards visiting 1.0945 before any new attempt to rise.

Pivot Price: 1.1010
Resistance prices: 1.1068 & 1.1132 & 1.1200
Support prices: 1.0967 & 1.0920 & 1.0860

The expected trading range for today is between the support 1.0970 and the resistance 1.1120



The expected general tendency for today: Bullish