5
The EURUSD pair is currently attempting to break the key level of $1.0563, reinforcing the bullish outlook for the rest of the day. The positive momentum from the stochastic indicator supports the expectation of further gains. The immediate target is set at $1.0635, with the condition that the price remains above $1.0540 for the target to be achieved.
The expected trading range for today is between support at $1.0500 and resistance at $1.0630.
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Trend Forecast: Bullish
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