The pair keeps holding the bullish bias by settling around 114.60 to remain stable inside the upside channel as appears in the enclosed chart.
We must mention that the support level stability around 112.40 is supported by the moving average, and this confirms our holding on the bullish trend to achieve 116.60 and followed by 117.80
Expected trading range is between 113.40 and 116.50
Expected trend: bullish