The pair managed to retrieve its bearish bias after the steadiness of 0.9400 against the price’s attempts to rise, and the trading below the EMA50 reinforces these expectations, while Stochastic provides clear negative signals that support the suggested decline.
Our main targets begin by surpassing 0.9275 to reach 0.9200; reminding you that holding below 0.9400 is important to keep the chances of achieving these targets.
Expected trading range for today is between: 0.925 support and 0.9400 resistance.
Expected trend for today: Bearish