The pair fluctuates around 0.9400 to retest it after succeeding to breach it previously, and affected by Stochastic negativity, while EMA50 remains supporting the price from below.
In general, the bullish trend will remain preferred unless breaking below 0.9400 and followed by 0.9310, where this will turn the main bearish trend’s scenario back which is initially targeting visiting the psychological barrier at 0.9000
Expected trading range for today is between: 0.9310 support and 0.9500 resistance.
Expected trend for today: Bullish