The pair rallied higher sharply to complete forming yesterday’s mentioned double bottom pattern, activating the positive effect for this pattern, which turns the intraday trading towards the upside, targeting levels mainly around 1.0700
The EMA50 supports the suggested rise, which remains valid unless breaking 1.0390 then 1.0350
Expected trading range for today is between: 1.0390 support and 1.0610 resistance.
Expected trend for today: Bullish