The pair begins today’s trading attempting to breach 1.3000, and we mentioned yesterday that this breach is important to reinforce our positive expectations.
In general, we are continuing in our bullish trend scenario on the intraday and short term basis, and the targets begin at 1.3145, supported by EMA50 while achieving our expectation requires stability above 1.2865
Expected trading range for today is between: 1.2865 support and 1.3145 resistance.
Expected trend for this week: Bullish