The EURUSD pair provided positive trades yesterday to complete forming an inverted head and shoulders pattern that appears on the chart, which supports the chances of continuing the bullish bias in the upcoming sessions, and the price is testing the key resistance that rises now to 1.2430, waiting to breach this level to confirm extending the bullish wave towards the first positive target at 1.2536. Therefore, we expect witnessing more rise for today supported by the EMA50, noting that holding above 1.2304 represents key condition to continue the expected bullish trend.
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