EUR/USD prices have rebounded following recent declines, now approaching the key level of $1.0455. A breakout above this level would signal the continuation of the corrective bullish trend, with potential for further gains targeting $1.0600.
The bullish outlook remains intact for the near term. However, if the price breaks below $1.0325, this would invalidate the expected rise, reversing the trend back toward its primary bearish path.
The expected trading range for today is between support at $1.0340 and resistance at $1.0500.
Trend Forecast: Bullish