The pair made an attempt to breach 1.5900 but turned back to settle above it, which makes our suggested positive expectation remains valid and active until now.
Expected trading range for today is between: 1.5800 support and 1.6100 resistance.
Expected trend for today: Bullish.
The pair fluctuates within minor bullish channel shown in the image, the decline stopped near 1.2725, to keep the trading stuck between the critical levels 1.2725 and 1.2800
Therefore, we still waiting clearer signals that confirm the trend, and we get the signals by monitoring the price behavior according to the mentioned levels
Expected trading range for today is between: 1.2630 support and 1.2950 resistance.
Expected trend for today: Neutral
The pair remains stable within the bullish channel again, we witnessed breaching 104.60 to keep the bullish bias effecting since morning.
We are waiting for the second announced target around 105.50 during the near period supported by stability above the bullish channel resistance level above 103.60 for today.
Stochastic is settled inside the overbought level which supports the bullish bias.
Expected trading range for today is between: 103.60 and 105.50
Expected trend for today: Bullish
Stability around 129.30 didn’t last for long time until breaching the previous breached channel level as expected to turn the price back within the channel level as shown in the chart.
The price reached the waited target around 130.50 and we expect continuing the bullish bias sharply reaching to 131.80 during the near term.
Expected trading range for today is between: 130.00 and 131.80
Expected trend for today: Bullish