The pair settled above the moving average attempting to breach the resistance level at 143.20, to get back to the upside channel as shown in the image, and settling now without breaching the mentioned level until now.
The failure to breach makes us expect negativity on the near term trading, and the price will approach again from the moving average at 141.35
Expected trading range is between: 141.35 and 143.50
Expected trend for today: Bearish