The pair showed clear positivity by touching the upside channel’s resistance at 143.15 and surpassing the moving average at 141.90
We expect some fluctuations today to be limited between the moving average 55 at 142.00 and the previous resistance level, supported by stochastic settling in the oversold area as shown in the image.
Note that breaching above the resistance will push the price to hit 144.00 as a main target for the positive trading.
Expected trading range is between: 142.00 and 144.00
Expected trend for today: Bullish, with being aware of the possible fluctuations.