The pairs’ trading turned sharply to the upside yesterday approaching from the critical resistance barrier 80.70, which is considered as the second part to confirm the next trend.
Until now, neutrality remains valid until surpassing one of the critical levels between 79.15 support and 80.70 resistance, the breach details and the next expected trend is explained in our previous reports.
Expected trading range for today is between: 79.00 support and 81.50 resistance.
Expected trend for today: Neutral
The pair resumed the negative trading yesterday approaching from the first waited target at 1.5800, as we mentioned in our previous reports, this level is considered as the major key to definite the trend on the short term.
Therefore, we expect witnessing more negative trading, reminding you to be careful when reaching the aforementioned mentioned level, on the other hand, breaching above 1.5900 will be a signal for the intraday trend reverse.
Expected trading range for today is between: 1.5700 support and 1.6000 resistance.
Expected trend for today: Bearish
The pair found a solid ceiling formed by EMA50 while the price attempts yesterday to move higher, that makes the trading remains limited between the critical levels which represented by 1.2800 as resistance and the previous breached falling wedge resistance level which turns now into support at 1.2700.
Therefore, we continue in neutrality for today too until the price surpasses one of the aforementioned levels and getting clearer signals for the trend.
Expected trading range for today is between: 1.2550 support and 1.2910 resistance.
Expected trend for today: Neutral
The pair didn’t show an obvious action since morning, and still stuck between the morning- pointed levels, which makes us continue in neutrality for today until getting clearer signals for the upcoming trend.
Expected trading range for today is between: 0.8000 support and 0.8300 resistance.
Expected trend for today: Neutral