The pair remains stable below the bullish channel’s support and below the EMA50, keeping our bearish trend expectations on the intraday basis, while Stochastic positivity explains the reasons of the last sideways trading.
In general, the bearish trend remains valid waiting for testing 1.0180, pointing that breaching above 1.0380 will turn the price back to the bullish channel and then turns the intraday trading to the upside.
Expected trading range for today is between: 1.0180 support and 1.0400 resistance.
Expected trend for today: Bearish