The pair continues its trading around the EMA50; keeping the stability above 1.2990, while Stochastic is offering now a clear positive signal that we believe that it represents the required positive motive to push the price to resume the bullish trend.
Therefore, we keep our positive overview which targets 1.3145 followed by 1.3245, being aware that breaking below 1.2990 will form a strong negative factor that turns the trading towards the downside.
Expected trading range for today is between: 1.2970 support and 1.3245 resistance.
Expected trend for today: Bullish