Trading continued above 137.80 to start the correctional trip as we mentioned in our previous report to visit 140.50 and 141.10 maximum, to settle within the downside channel which dominates the recent trading.
In general, the pair remains under the negative intraday pressure by settling below 141.10 to visit 136.80 as a target for the next trading.
Expected trading range is between 141.00 and 137.00
Expected trend for today: Bearish