The pair continued its positive trading approaching from the bearish channel’s resistance which meets almost the sideways range’s resistance at 0.7850, accompanied by Stochastic reaching the overbought area, and that might put negative pressure that force the price to continue inside the sideways range.
Therefore, we suggest intraday sideways trading between 0.7850 and 0.7690 until managing to surpass one of these levels.
Expected trading range for today is between: 0.7690 support and 0.7920 resistance.
Expected trend for today: Sideways