The pair’s trading still moving below the ascending triangle, to confirm the expected intraday bearish bias to reach the main target around 149.60 for today, noticing the sideways trading range since yesterday to settle below the moving average 55.
The stability below the moving average 55 cancels the possibility of hitting the broken level at 152.70 for today, to be waiting for achieving 150.80 then 149.60, Stochastic supports the negativity by settling below 50 level as appears in the above chart.
Expected trading range is between 152.20 and 149.30
Expected trading range for today: bearish