The pair provides some bullish bias to retest the previously broken bullish channel’s support which turns into resistance now at 1.0380
Holding above the mentioned level keeps the bearish trend valid on the intraday basis, and our waited targets at 1.0180, pointing that Stochastic loses its bullish momentum gradually to support the negative suggested expectations.
Expected trading range for today is between: 1.0180 support and 1.0440 resistance.
Expected trend for today: Bearish