The pair remained stable above 1.5900 to keep the chances of achieving yesterday’s preferred bullish bias valid, as waiting to hit levels around 1.6020 before defining the next short term basis trend issue.

We remind that breaching 1.5900 will cause an intraday turning for the trend.

Expected trading range for today is between: 1.5800 support and 1.6100 resistance.

Expected trend for today: Bullish towards the mentioned target.

The pair resumed its’ positive attempts yesterday but couldn’t achieve daily close above 1.2800, that forces us to remain neutral until getting the mentioned daily close.

Note that breaching 1.2765 will decrease the chances of achieving any positivity for today and this might push the price to visit levels around 1.2700

Expected trading range for today is between: 1.2650 support and 1.2950 resistance.

Expected trend for today: Neutral

The pair resumed its’ positive attempts yesterday but couldn’t achieve daily close above 1.2800, that forces us to remain neutral until getting the mentioned daily close.

Note that breaching 1.2765 will decrease the chances of achieving any positivity for today and this might push the price to visit levels around 1.2700

Expected trading range for today is between: 1.2650 support and 1.2950 resistance.

Expected trend for today: Neutral

Crude oil price resumes the positive rally attacking the retest level of 88.65

Carefully watch the next trading, as holding above this level will offer signals for more potential gains in the upcoming period.