The pair declined as was waited, and approaches from the first main target at 1.2800, and as long as the price is stable inside the current bearish channel, more downside move will be preferred for today, and the target now is visiting the next main support at 1.2725
Breaching above 1.2975 – 1.2990 will cause a turn in the intraday trading towards the upside.
Expected trading range for today is between: 1.2725 support and 1.2990 resistance.
Expected trend for today: Bearish