The pair retested levels around 1.0345 and reversed to the downside according to the suggested scenario, due to effects from the bearish technical pattern shown in our morning report. From here, we expect more bearish intraday direction towards the suggested targets this morning, as long as stability is below 1.0345 - 1.0370.
The trading range for today is among the key support at 1.0135 and the key resistance at 1.0530.
The short term trend is to the upside as far as 0.9925 remains intact with targets at 1.1485.
|Recommendation||Our morning expectation remains valid.|