The psychological barrier at 1.3000 managed to stop the pair’s sharp decline, to witness some positive bias attempting to get back into the previously broken channel’s support shown in the image.
Now, we need to continue with the neutral attitude on the intraday basis, in order to monitor the price behavior according to the support level of 1.3000 and the resistance located at 1.3105 then 1.3145, which will provide us clearer signals for the next trend.
Expected trading range for today is between: 1.2950 support and 1.3200 resistance.
Expected trend for today: Neutral