EUR/USD is trading within a corrective growth supported by the EMA50

EUR/USD is trading within a corrective growth supported by the EMA50, with a target of $1.0635. The current dynamics indicates a bullish trend, but a breakdown of $1.0540 could cancel the positive scenario, bringing the price back to the main bearish trend with targets from $1.0475.

Expected trading range for today

Expected trading range for today: support at $1.0480 and resistance at $1.0630.