The pair remains fluctuating between the EMA50 which acts as a support at 0.8385 and the previously broken bullish channel support that turns into resistance now at 0.8530, and as we mentioned in our recent reports, we need to surpass one of these levels to confirm the next trend.
Therefore, the neutrality remains valid until now, pointing that Stochastic provides positive signals that might assist to push the price to positive intraday trading.
Expected trading range for today is between: 0.8350 support and 0.8600 resistance.
Expected trend for today: Neutral