EURUSD Price Analysis The EURUSD price confirmed breaching 1.0715$ level after closing the daily candlestick above it. It keeps rising to return to the intraday bullish channel visible on the chart, activating the bullish trend scenario. This action aims to achieve gains, starting with testing the 1.0795$ level, with potential extension to 1.0875$. The EMA50 supports the price from below, reinforcing the positive overview. The bullish scenario will remain valid unless the price breaks below 1.0715$ and holds below it again. High volatility may be expected during the release of US economic data today, urging caution in trading.

The expected trading range for today is between 1.0670$ support and 1.0825$ resistance.

Trend forecast: Bullish