The pair dropped to lean on the bullish channel support appears in the above chart, and attempts to bounce to the upside to resume the suggested bullish trend in our recent reports, while the initial targets starting by surpassing 1.0540- 1.0550 to confirm the continuation of the upside rally.
Stochastic moves near the oversold levels to support the positive expectations for today.
Expected trading range for today is between: 1.0485 support and 1.0700 resistance.
Expected trend for today: Bullish