The pair returns to be trading above 1.0550 after the EMA50 managing to protect the bullish wave from below, while Stochastic continues in the bullish trend on the four hours time frame.
Therefore, the morning suggested scenario remains valid as it is conditioned by holding above 1.0470.
Expected trading range for today is between: 1.0495 support and 1.0700 resistance.
Expected trend for today: Bullish