The pair succeeded to reach 131.10 as a correction wave as we previously expected to settle with its’ positive bias around 132.10 since morning.
In general, the pair is stable within the bullish channel in order to get ready for reaching the expected target around 133.60 during the near term.
Stochastic settled in the overbought level and that assists in creating more fluctuating moves nearly.
Expected trading range for today is between: 131.10 and 133.60
Expected trend for this week: Bullish