The EURUSD currency pair has continued its upward movement, now approaching the 1.1100 level. A breach of this level could pave the way for further gains, with the next target set at 1.1200.
The price’s position above the EMA50 supports the ongoing bullish trend. This trend will remain valid as long as the price does not fall below 1.1040 and sustain below this level.
For today, the anticipated trading range is between 1.1020 (support) and 1.1170 (resistance).
Trend Forecast: Bullish
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