The pair leaned on the bullish channel support appears in the above chart, accompanied with clear positive signals offered by Stochastic, and these factors support the continuation of the general bullish trend scenario which targets initially levels around 1.0700.
Breaching above 1.0525 then 1.0550 is important to reinforce the positive expectations.
Expected trading range for today is between: 1.0490 support and 1.0700 resistance.
Expected trend for today: Bullish