The pair managed to close yesterday’s trading at few points above the main bullish channel, adding more support for our expectations of the continuing on the bullish trend, and the price might need some fluctuation moves due to the effect of the overbought signals that appear at Stochastic.
In general, we are continuing in our positive scenario, unless 0.8410 was broken and settled below it.
Expected trading range for today is between: 0.8460 support and 0.8700 resistance.
Expected trend for today: Bullish