The EUR / USD pair attempted to break above the 1.1900 level yesterday, but rebounded from the negative stochastic stance to approach the bullish intraday trend line at 1.1790, noting that the SMA 50 continues to provide positive support for the price. When Stochastic is attempting to gradually gain positive momentum over the 4-hour timeframe.
From here, we continue to push the overall bullish trend on stability above 1.1790 and 1.1710, noting that the next key target is at 1.2040.
The trading range for today is expected among the 1.1750 support and the 1.1950 resistance
The general trend for today is bullish