The pair attempts continue to provide bullish bias as expected in the last period if the price settled above 156.80 to begin recording new top as appears in the above image, we still waiting for forming strong bullish wave in the near period to reach the waited target around 159.40, which breaching it will support the resumption of the positivity to achieve 160.40 as a second target.
Stochastic begins by breaching 80 level to support the continuation of the price attempt to achieve the previously mentioned targets.
Expected trading range is between 158.00 and 160.40
Expected trend: bullish