The EURUSD pair approached its anticipated target of $1.0915, signaling a continuation of its upward trajectory despite opening with a minor bearish gap today. Efforts are underway to close this gap, with expectations of resuming bullish momentum to surpass the noted level and pave the way towards the psychological barrier at $1.1000.
The current bullish trend remains poised for further gains in the near future, supported by a defined bullish channel evident on the charts. A pivotal support level is identified at $1.0840; breaching this level would halt the bullish momentum and potentially trigger a reversal towards declines.
Looking ahead, today’s trading range is forecasted between support at $1.0820 and resistance at $1.0980, underlining key levels to watch as the EURUSD pair continues its upward ascent.
