The pair keeps the stability below 0.9885, and EMA50 continues providing a negative pressure supports the continuation of our general expectations for the bearish trend targeting 0.9800 followed by 0.9700 initially.
Stochastic positivity might keep the sideways fluctuation valid for a while before resuming the expected bearishness.
Expected trading range for today is between: 0.9700 support and 0.9950 resistance.
Expected trend for today: Bearish