The pair didn’t manage to settle above 93.00 for long time, to bounce lower and settle now near 92.30, where our bullish trend expectations continues efficiently on the short term basis, supported by EMA50, and mainly depend on the recent breach of 90.40.
We remind you that the waited target is located at 95.00.
Expected trading range for today is between 92.00 support and 94.00 resistance.
Expected trend for today: Bullish