The pair succeeded to breach above 99.70 and rallied higher sharply achieving the suggested target in our recent report at 101.00, this breach opens the way towards resuming the rise towards 102.40

The EMA50 supports the expected rise, which remains valid unless 99.70 was broken.

Expected trading range for today is between 100.00 support and 102.40 resistance.

Expected trend for today: Bullish

The pair declined again, to activate the intraday negative scenario that targets the near bullish channel’s support at 1.5365, pointing that Stochastic enters the oversold levels, which supports the chances of the upside rebound after hitting the mentioned level.

Now, the bearish bias will be preferred on the intraday basis, with monitoring the price behavior when reaching the waited target, where breaking below it will lead to more downside track towards 1.5190.

Expected trading range for today is between: 1.5290 support and 1.5600 resistance.

Expected trend for today: Bearish towards the suggested target

The pair achieved sharp decline to settle below 1.3145 approaching from the psychological barrier 1.3000, which stops our positive expectations and forces us to stay aside now, in order to monitor the price according to the mentioned levels.

The price might be forced to fluctuate in sideways range in the intraday basis between 1.3000 and 1.3200 for some time before detecting the price track on the short term basis.

Expected trading range for today is between: 1.2900 support and 1.3200 resistance.

Expected trend for today: Neutral

The pair is hovering around 0.8455, keeping its stability above the EMA50, which encourages us to continue in our positive expectations for today, unless witnessing a break below 0.8360 and stability with a daily close below it.

Expected trading range for today is between: 0.8360 support and 0.8600 resistance.

Expected trend for today: Bullish