The EURUSD is showing some downside bias now to move around the 1.2400 barrier, affected by stochastic negativity, waiting for a positive enough momentum to resume the uptrend within the ascending channel shown in the image.
In general, we will hold onto our bullish trend for today unless 1.2300 is broken and stability below it, with our next main target at 1.2575.
The trading range for today is expected among the support at 1.2350 and the resistance at 1.2550
The general trend for today is bullish
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