The pair was able to get rid of the negative level which settled around it for a short trading time around 125.75 to achieve a clear positivity during yesterdays’ trading to reach around 128.10 proofing the pairs’ solid positivity.
We expect continuing the bullishness reaching to the channel's retest level around 128.80 during the near period.
Stochastic supports the bullish trend by forming clear bullish wave.
Expected trading range for today is between: 127.35 and 128.80
Expected trend for today: Bullish