The pair trading is stuck between the bullish short term trend -1.6025- and below EMA50 which forms a resistance barrier at 1.6095, while we remain depending on the stability above the mentioned support to prefer the bullish trend on the intraday basis.
The main target is located at 1.6195, and breaching it will turn the price back to the bullish trend again, while breaking below 1.6025 will turn the trend to the downside.
Expected trading range for today is between: 1.5995 support and 1.6215 resistance.
Expected trend for today: Bullish