The EUR / USD pair has been trading sideways since the morning to come close to supporting the ascending channel again, while Stochastic is providing a positive cross signal now, keeping chances open for continued uptrend in the coming sessions.
Therefore, we will maintain our positive outlook unless the 1.2300 level is breached and stability below it, noting that our next main target resides at 1.2650.
The trading range for today is expected among the support at 1.2350 and the resistance at 1.2520
The general trend for today is bullish