The pair opens today’s trading with a decline, attempting to break below the bullish channel support that shown in the image, while Stochastic enters the oversold levels, where the EMA50 acts as a support barrier against the intraday trading.
Therefore, we will continue in our positive expectations unless witnessing a daily close below 1.5295 and the most important 1.5235
Expected trading range for today is between: 1.5235 support and 1.5550 resistance.
Expected trend for today: Bullish