The pair is fluctuating near the psychological barrier 1.6000, accompanied with Stochastic entering the oversold levels, which reinforces the current level strength and keep the expected bullish trend scenario valid.
Note that breaching 1.5985-1.5970 will weaken the proposed positive scenario.
Expected trading range for today is between: 1.5970 support and 1.6200 resistance.
Expected trend for this week: Bullish