The EUR USD pair is showing strong bullish momentum during today’s trading session, as the price continues to move in an upward trend above the pivot point at 1.18000, increasing the chances of further gains.
According to the main scenario, if the upward movement continues and the price remains above 1.18000, it is expected to target the 1.18500 level first, followed by 1.19000.
In the alternative scenario, if the price reverses downward and falls below 1.18000, the pair may move toward the 1.17500 level and then 1.17000.
Holding above the 1.18000 level could support continued upward movement toward 1.18500, while the overall trend remains positive.
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