The pair managed to break below 1.0035 and closed with a daily close below it yesterday, reinforcing our expectations for the bearish trend which target now mainly 0.9880
The EMA50 supports the negative expectations which remains valid conditioned by the stability below 1.0115 – 1.0180
Expected trading range for today is between: 0.9900 support and 1.0115 resistance.
Expected trend for today: Bearish