The pair begins today’s trading with a decline to trade below 84.00, which provides initial signals for potential visit to 83.40 – 82.90 levels.
Holding above these levels keeps the chances valid to achieve the positive scenario suggested in our previous reports, while breaking them will turn the intraday trend into the downside, and might extend to turn back to the short term bearish trend targeting levels below 80.00
Expected trading range for today is between: 82.90 support and 85.50 resistance.
Expected trend for today: Bullish