The pair’s trading bounces higher than the waited to be breached support level 0.9240, affected by Stochastic positivity, where the chance seems valid to achieve some temporary fluctuation.
In general, we are keeping our general bullish trend which supported by EMA50, reminding you that breaching 0.9240 and settling below 0.9400 are the most important factors to achieve the suggested bearishness.
Expected trading range for today is between: 0.9150 support and 0.9400 resistance.
Expected trend for this week: Bearish