The pair is trading in sideways range below 1.3145 and above 1.3000, showing some bearish bias now affected by Stochastic negativity, noticing the critical top barriers that appear in the above image.
Breaching above 1.3145 is required to continue the upside rally on the short term basis, and until now, we depend on the stability above 1.2990 and the support that provided by EMA50 to keep preferring the positivity.
Expected trading range for today is between: 1.2990 support and 1.3245 resistance.
Expected trend for today: Bullish