The pairs’ trading settled above 1.0380, reinforcing achieving potential bullishness on the intraday trading, where the next target exists now at the previous breached retest support level which turns into resistance at 1.0440
The price might witness slight bearish bias due to Stochastic negativity, pointing that breaching above 1.0440 will open the way for resuming the bullish trend on the short term basis which was previously stopped, while breaking below 1.0365 will decrease the chances of achieving more bullish actions.
Expected trading range for today is between: 1.0250 support and 1.0650 resistance.
Expected trend for today: Bullish