The pair’s trading bounced lower after finding resistance at 0.9500, affected by Stochastic negativity, which might force the price to turn its intraday track towards the downside, which makes us prefer negative trading for today targeting 0.9400 and 0.9365.
Breaching above 0.9500 – 0.9520 will push the price to achieve more positivity on the short term basis.
Expected trading range for today is between: 0.9365 support and 0.9565 resistance.
Expected trend for today: Bearish