We notice the pair stability above the upside channel’s support line since yesterday to settle at 150.70, and keep the positive levels generally, thus, we continue to expect the bullish trend to reach 152.20 as an initial target conditioned by stability of 150.00 support line.
The moving average 55 supports the positivity of the pair, but we need to get positive momentum from stochastic which remains stable below 20 level.
Expected trading range is between: 150.00 and 152.20
Expected trend for today: Bullish