The pair gets back to trade below 0.8100, to reinforce our bearish trend scenario for today, which initially targets levels near 0.8000
Note that breaching 0.8145 will reverse the intraday trading towards the upside to retest levels near 0.8265
Expected trading range for today is between: 0.7950 support and 0.8200 resistance.
Expected trend for today: Neutral
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The pair shows a mixed trading since morning while it remains stable below 1.0365, and this makes us continue in our preferred downside trend expectations for today supported by EMA50
MoreThe price trades in sideways range since morning keeping its’ stability below 86.00, to keep our bearish trend scenario remains valid and active, unless 86.00 was breached which will lead to a potential retest to levels near 88.60
MoreThe price is pushing negatively on EMA50, affected by Stochastic negativity, while we still keeping our preferred positive anticipations for today which mainly depend on steadiness above 31.50
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