Despite the weakness of the last weak trading by its fluctuations near $2.920 level, it will not affect the previously suggested bullish scenario, depending on its stability above $2.620 level.

 

The continuation of providing bullish momentum by stochastic will increase the efficiency of the bullish corrective trend, which might target $3.100 level reaching 55 moving average at $2.240.

 

The expected trading range for today is between $2.860 and $3.100

 

Trend forecast: Bullish