The pair achieved a break to the bullish channel that appears by the noted line and settled below it, to open the way for more expected downside move which targeting the main bullish channel support at 1.3175
We notice that Stochastic is entering the oversold levels, which supports the chances of an upside bouncing when reaching the suggested target to detect the next trend on the short term basis.
Expected trading range for today is between: 1.3105 support and 1.3435 resistance.
Expected trend for today: Bearish