The pair remains stable in positive way without any correction wave, settling above 105.50 and reaching 106.50 as expected.
The upside bias effect remains intact as long as the price is stable above the channel’s support at 103.80, to keep our expectations to reach 107.30 followed by 109.00 valid.
Expected trading range for today is between: 105.50 and 109.00
Expected trend for today: Bullish