The narrow range remains controlling the pair’s trading, and moves near EMA50 which acts as a support now at 0.9930.
Breaking below this level is required to ease achieving the preferred bearish trend scenario in our recent reports, where we are waiting for targets that begin at 0.9860 followed by 0.9800, while accomplishing it require stability below 1.0030.
Expected trading range for today is between: 0.9800 support and 1.0030 resistance.
Expected trend for today: Bearish