The pair rallied higher sharply after approaching from 0.9400, to settle now above 0.9500 again, and reinforces our bullish trend overview on the intraday and short term basis.
Stochastic provides a positive overlapping signal that supports our expectations which remain valid unless 0.9400 was broken, while we are initially targeting 0.9615
Expected trading range for today is between: 0.9450 support and 0.9615 resistance.
Expected trend for today: Bullish