The bullish bias effect continued on the pair’s trading to notice recording 169.10 as expected in the previous report, to keep expecting the bullish bias if the initial support near 164.50 remained intact, to reach the psychological barrier near 170.00
Stochastic stability in the overbought level until now supports the domination of the positivity on the trading, but in case the indicator gets rid of the oversold level, so that makes the price form sideways bias to be trading between 167.70 and the current top level.
Expected trading range is between 167.70 and 170.00
Expected trend for today: bullish