The pair remains trading calmly, settling below 1.0030, and this is the major factor that makes us continue in preferring the intraday bearish trend.
Forming a continuous bearish flag pattern through the bullish channel that appears in the image is expected, where the price needs a clear break below the channel’s support at 0.9860 to activate the negative effect of the pattern, and followed by pushing the price towards levels that go further to 0.9535.
Expected trading range for today is between: 0.9800 support and 1.0030 resistance.
Expected trend for today: Bearish