The pair’s trading opened today with gap to notice the stability below 61.8% Fibonacci level at 142.80, and so we continue with our bearish overview for the near and medium term to hit 141.85 followed by 140.90 levels.
We notice the moving average 55 domination on trading, which supports the expected negativity, also, stochastic provides bearish signals since morning, to settle below 50 level and support the negative expectations for today.
Expected trading range is between 143.10 and 141.00
Expected trend for today: Bearish