13.05.2020
The euro against the dollar ended yesterday's trading above 1.0840, which stops the negative scenario suggested in our recent reports and leads the price to achieve more expected rise during the upcoming sessions, especially as the price has completed forming a double bottom model showing its features in the picture.
Thus, the bullish bias will be likely for today, and the next main target is at 1.0966, taking into consideration that breaking 1.0840 and holding below it will reactivate the bearish trend scenario for the trend towards 1.0700 initially.
The expected trading range for today is between 1.0750 support and 1.0960 resistance.
Expected trend for today: bullish.
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