The pair found difficulty to turn back to the upside channel, as the EMA50 met with the broken support line that turns into resistance at 1.0400
In general, we still keep our positive overview, depending on stability above the major support line at 1.0245, besides stochastic reaching the oversold areas, reminding you with the importance of breaching 1.0400 level to open the way towards 1.0600 initially.
Expected trading range for today is between: 1.0245 support and 1.0550 resistance.
Expected trend for today: Bullish