The pair didn’t show any major move yesterday, settling in very tight range, and that makes us keep our bearish trend expectations which depend on the trading inside the current bearish channel and the pressure that come from the EMA50.
We remind you that breaking below 1.0035 represents the most important factor to reinforce our bearish trend expectations.
Expected trading range for today is between: 0.9960 support and 1.0180 resistance.
Expected trend for today: Bearish