The pair succeeded to reach the waited target at 99.50, and we notice the downside bounce from there, as we expect that the price might have to decline according to the trading rules within the price channels, besides that stochastic shows negative signals.
Therefore, some bearish bias will be preferred towards 97.60, noting that breaching above 99.60 will push the price to resume the upside track without having to decline.
Expected trading range for today is between 97.60 support and 100.00 resistance.
Expected trend for today: Bearish