The pair remains stable below the previously broken bullish channel’s support, which turns into resistance now at 1.0295, which allows our bearish trend expectations to continue on the intraday basis, and our near target at 1.0135
Holding below 1.0340 represents the most important factor for achieving the suggested decline, where breaching it might push to visit areas reach initially towards 1.0600
Expected trading range for today is between: 1.0130 support and 1.0340 resistance.
Expected trend for today: Bearish