The pair made some negative attempts yesterday but it found solid support at 1.2880, to return to fluctuate again near the bearish channel resistance that appears in the image.
Now, we prefer staying aside and being aware from the upcoming trading, where confirming the continuation of the preferred bearish trend in our recent reports requires a break below 1.2875, on the other hand, breaching above 1.2960 followed by 1.2990 will motivate the price to turn the intraday and short term basis towards the upside.
Expected trading range for today is between: 1.2800 support and 1.3045 resistance.
Expected trend for today: Depends on the abovementioned levels