The pair remains stable above the bullish channel’s support that carries the short term bullish trend, and the EMA50 keeps supporting this bullish wave, while Stochastic returns to provide a positive overlapping signal on the four hours time frame.
These factors encourages us to keep our bullish trend which its main targets begin around 1.4000, pointing that holding above 1.3710 is important to keep the chances of achieving these target.
Expected trading range for today is between: 1.3690 support and 1.3900 resistance.
Expected trend for today: Bullish