The main currency pair started today's session lower, however the second half of the day belongs to the market bulls and there is a chance for EURUSD to generate a demand signal on the D1 interval. Looking at the chart from a technical point of view, price bounced off the horizontal support level at 1.20. If the daily candle closes at the current level or higher - then a bullish hammer formation will appear on the chart. If the upward move will continue in the following days, the next target for the market bulls is located at 1.2180.
