FXstreet.com (Barcelona) - The pair remains in range since past Tuesday, moving between 97.00/98.50. Hourly indicators remain flat while 20 SMA and 200 EMA also, giving no clear signals at the moment.

Yesterday's low around 96.90 seems to be a good buying opportunity for many traders, as the price has rebounded around there in previous three 4 hours candles.

Valeria Bednarik, collaborator at FXstreet.com said: Slightly bullish above recent high around 98.00 the pair could regain some bullish strength in the next hours.