The pair trading turned to the downside sharply to breach the critical support levels begin at 1.0400 followed by 1.0365, taking into consideration that yesterday’s close was above the last barrier.
The price begins today’s trading with clear negativity signaling to a probable turning in the intraday trading towards the downside, but we prefer to stay aside waiting for clearer signals to confirm the next trend, and we will get them by monitoring the daily close according to 1.0365.
Expected trading range for today is between: 1.0200 support and 1.0550 resistance.
Expected trend for today: Neutral