The pair’s trading settled around the EMA50 which represents a resistance at 1.2855, where the price remains below it, accompanied by Stochastic entering the overbought levels, and that makes us keep our bearish trend expectations inside the bearish channel that appears in the image, and our main target is 1.2725 level.
Expected trading range for today is between: 1.2700 support and 1.2910 resistance.
Expected trend for today: Bearish