The pair continues to trade near the upside channel’s support shown in the image, while EMA50 keeps pushing negatively on the intraday trading, but we need a clear break for this support –at 93.80- to confirm the bearish bias
Therefore, the neutrality remains required until the price manages to surpass one of the critical levels represented by the above mentioned support and 94.60 resistance.
Expected trading range for today is between 92.70 support and 95.45 resistance.
Expected trend for today: Neutral