The EUR/USD pair is showing positive performance during today’s trading session, moving in an upward trend supported by price stability above the pivot level at 1.1869, which strengthens the chances of continued bullish momentum in the upcoming sessions.
According to technical expectations, if the upward movement continues, the price is likely to target 1.1915 as the first resistance level, followed by 1.1933 as the next target if buying momentum remains strong.
As for the alternative scenario, in case of a trend reversal and a break below the key support level, the price may head toward 1.1844, followed by 1.1816 as the next support zone.
The bullish scenario remains the most likely as long as trading stays above 1.1869, keeping the chances of reaching 1.1915 in the near term.
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