The pairs’ chart shows that the price is stable in very narrow range near to 0.9240, accordingly, there is nothing to be mentioned on our suggested scenario in our last reports, where the bearish trend remains preferred conditioned by first: breaking below 0.92400, and second: holding above 0.9400
Expected trading range for today is between: 0.9100 support and 0.9350 resistance.
Expected trend for today: Bearish
The pair rallied to the upside to hit the first minor target at 0.8300, and might be forced to bounce lower a little due to Stochastic negativity.
In general, the general bullish trend remains valid and preferred waiting for attacking the recent recorded top level at 0.8355 which will represent the key of continuing the bullish trend.
Expected trading range for today is between: 0.8200 support and 0.8450 resistance.
Expected trend for today: Neutral
The pair found a good support at EMA50 at 1.0440 level, which remains protecting our expectations of the intraday bullish trend that we expect to target mainly 1.0550
Stochastic offers good support, taking into consideration that breaching 1.0440 will lead to a direct visit to 1.0365
Expected trading range for today is between: 1.0365 support and 1.0600 resistance.
Expected trend for today: Bullish
The price is trading now at the critical level mentioned yesterday located now at 87.45, where the trading remains stuck between the critical levels which have the key of the next intraday trend , and these levels represented by the mentioned support and 89.05 resistance.
The neutrality remains suggested until surpassing on the aforementioned levels.
Expected trading range for today is between: 86.10 support and 89.95 resistance.
Expected trend for today: Neutral