The pair trades in sideways range and limited since yesterday keeping the trading below 151.60, which represents the moving average 55 as appears in the above image, to remain in our expectation of achieving 149.90 as a main target for the bearish trading.
We notice forming bullish wave for Stochastic to contradict with the intraday bearish bias, which supports the continuation of the sideways trading, conditioned by the stability below 152.00 to visit the suggested target, while breaching above 1520.00 will push the price to achieve new positivity affected by the main bullish bias to reach 153.60
Expected trading range is between 152.00 and 150.00
Expected trend for today: bearish if 152.00 settled as a resistance level