The bullish bias continues affecting the pair to remain stable around 107.45 and achieving clear positivity on the trading.
In general, the price still stable within the bullish channel as shown in the chart waiting to breach 108.00 and extends to achieve 109.60 during the near period.
The channel support stability around 104.80 for today supports our positive expectation.
Stochastic gets back attempting to breach 80 level to settle in the overbought level to support moving to the upside again.
Expected trading range is between 106.75 and 108.65
Expected general bias: bullish