The EUR/USD pair is trading in a bullish trend during today’s session, supported by price stability above the pivot level of 1.15900, reflecting stronger buying momentum for the euro against the US dollar.
If the upward movement continues, the pair is expected to target 1.16200 followed by 1.16400.
Alternatively, in case of selling pressure, the pair may decline toward 1.15600 and then 1.15100.
The bullish outlook remains valid as long as trading stays above 1.15900, supporting a potential move toward 1.16400.
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