Pivot point: 1.1585
The expected scenario: entering into buying deals at the highest levels of 1.1585, targeting the levels of 1.1650 and then the 1.1680
Alternative scenario: entering short deals below the levels of 1.1585, targeting the 1.1500 and then the 1.1470 levels.
Commentary: The EUR/USD pair is still maintaining the general bullish trend through the ascending price channel, to start forming the first wave of the ascent, especially in light of the price breaching the moving averages. (50 - 100), in addition to the presence of a positive deviation in the liquidity flow index, which supports the positive outlook for the pair's trading in the short term.
