The EURUSD price is showing strong positive momentum, having surpassed the $1.1100 level. This movement supports the expectation of advancing towards our target of $1.1200, with the potential to breach this level and achieve further gains. The price could subsequently move towards $1.1270, and potentially $1.1350, as the next significant targets.
The bullish trend is expected to continue as long as the price remains above $1.1100. Stability above this level is crucial for maintaining the upward momentum.
Today’s anticipated trading range is between a support level of $1.1040 and a resistance level of $1.1200.
Trend Forecast: Bullish
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