The pair confirmed breaking the bullish channel support, but it found solid support at the EMA50 at 0.8380, bouncing higher in attempt to retest the broken support which turns into resistance now at 0.8515
Now, we need to continue in being neutral to monitor the price behavior according to the aforementioned levels, which have the ability to detect the next track on the intraday and short term basis.
Expected trading range for today is between: 0.8350 support and 0.8600 resistance.
Expected trend for today: Neutral