The pair achieved a sharp break for 94.45 level and settled with a daily close below it, followed by a retesting process with today’s opening, and these factors make us expect witnessing negative trading for today, targeting initially 92.90 followed by 90.95
EMA50 supports the waited decline, which remains valid unless 94.45 was breached to the upside and settled above it.
Expected trading range for today is between 92.90 support and 95.60 resistance.
Expected trend for today: Bearish