The pair is settled with clear positive bias to breach 105.50 and settles higher around 106.00 to make the waited target during the near period around 107.30 followed by 108.90
Stability within the bullish channel as shown in the attached chart makes us expect more bullishness reaching to the announced targets, but be aware that Stochastic is attempting to surpass the overbought levels so we will witness some correction moves nearly.
Expected trading range for today is between: 105.50 and 107.30
Expected trend for today: Bullish