The pair rallied to the upside clearly by the end of yesterday’s trading, breaching the EMA50 and settling above it, which offers positive motive that supports the continuation of our bullish overview, which its targets begin by attempting to breach 0.8385 level to open the way for extended gains towards 0.8675 level.
Stochastic negativity might cause some temporarily sideways fluctuation, while we remind you that holding above 0.8205 represents the key factor to the positive overview.
Expected trading range for today is between: 0.8240 support and 0.8440 resistance.
Expected trend for today: Bullish