The EURUSD pair is exhibiting new positive trades, indicating the need for momentum to sustain its upward trajectory. Our initial target is set at 1.1200. A breach of this level would signal a potential rally towards 1.1270 and then 1.1350.
Overall, we maintain a bullish outlook for today, provided that the price does not break and hold below 1.1100.
The expected trading range for today is between the support level at 1.1090 and resistance at 1.1250.
Trend Forecast: Bullish
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