The pair is trading above the 1.02 support level and above the EMA50, which keeps the bullish scenario in place and leaves us looking for an upside move with a breakdown of the 1.0278 level and a target of 1.0355. Keep in mind that a breakdown and stabilization below the 1.02 level will result in a corrective decline towards 1.01. The expected trading range for today lies between support 1.0150 and resistance 1.0300. Here is what we have:
1) Supports: 1.0180, 1.0155, 1.0125
2) Resistances: 1.0240, 1.0270, 1.0300
1) Supports: 1.0180, 1.0155, 1.0125
2) Resistances: 1.0240, 1.0270, 1.0300
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