The EURUSD pair ended yesterday above 1.1800 barrier after the rise that it saw in the previous sessions, which leads the price to start new bullish wave on the intraday basis, targeting 1.1888 as a first station.
Therefore, we recommend watching additional positive trades in the upcoming sessions, taking into consideration that breaking 1.1780 will stop the expected rise and press on the price to resume the main bearish track again.
The expected trading range for today is between 1.1730 support and 1.1885 resistance.
Later in the day the US will report their CB Consumer Confidence where it measures the level of a composite index based on surveyed households. A survey of about 3,000 households which asks respondents to rate the relative level of current and future economic conditions including labor availability, business conditions, and overall economic situation.
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