The pair continues to move higher approaching from the bullish channel resistance that represents the first main waited target at 99.50, to keep the expected bullish trend for today, which might be preceded by some bearish bias to cover the price gap that was achieved with the opening of this week trading.
We must be aware that monitoring the price behavior when reaching the mentioned target is important, due to the possibility of a downside rebound from there according to the rules of the trading inside the price gap.
Expected trading range for today is between 96.70 support and 100.00 resistance.
Expected trend for today: Bullish