The pair opened this week trading with a bearish price gap that put it below 0.7920, while the price provides positive trading in attempt to cover this gap quickly, which keeps the suggested positive scenario in our last reports valid, supported by the EMA50.
Our main targets begin at 0.8060, while achieving them requires holding above 0.7865
Expected trading range for today is between: 0.7865 support and 0.8060 resistance.
Expected trend for today: Bullish