The pair traded negatively yesterday and opens today’s trading falling to visit the channel’s support level at 0.8215, while Stochastic enters the oversold levels.
So far, we continue with our positive overview depending on the trading inside the mentioned channel, targeting initially an attempt to breach the 0.8345 level again, while breaking below 0.8215 followed by 0.8150 will weaken the chances of achieving any waited rise on the intraday and short term basis.
Expected trading range for today is between: 0.8150 support and 0.8400 resistance.
Expected trend for today: Bullish