The pair’s trading stuck between 0.9400 and 0.9245, and the contradiction between Stochastic negativity and EMA50 positivity continues, which forces us to remain neutral until surpassing one of the mentioned levels.
Note that breaching 0.9400 will provide bullish targets reaching to 0.9600 and followed by 0.9700, while breaking below 0.9245 will turn the pair to the bearish trend scenario again.
Expected trading range for today is between: 0.9200 support and 0.9450 resistance.
Expected trend for today: Neutral