The pair fluctuates around 1.0550 key level, keeping the daily close above it, which keeps the chances valid to achieve the suggested bullish trend in our previous reports, supported by EMA50, but at the same time, we should consider that breaking below 1.0520 might push the price to break the channel’s support shown in the image.
In general, we are waiting for upside targets mainly start at 1.0700
Expected trading range for today is between: 1.0495 support and 1.0700 resistance.
Expected trend for today: Bullish