The pair rallied to the upside to close the last week’s trading above 0.9500, which provides more support for the continuation of the bullish trend expectations, and the target now is 0.9615, while EMA50 is supporting us.
The positivity remains valid on the intraday and short term basis unless 0.9400 was broken and settled below it.
Expected trading range for today is between: 0.9400 support and 0.9615 resistance.
Expected trend for today: Bullish