The pair fluctuates in tight range since yesterday, settling above 0.8400, which keeps the overall bullish scenario active, supported by EMA50 from below.
Stochastic negativity causes the current sideways trading, until the price manages to get positive momentum that supports resuming the bullish trend, initially targeting 0.8500 followed by 0.8600 levels
Expected trading range for today is between: 0.8270 support and 0.8550 resistance.
Expected trend for today: Bullish