The pair continues to remain positioned within a positive trend so far, supported by the formation of the 213.50 level as the first key support. This has led to renewed attempts to reach the resistance near 215.50, in an effort to find a breakout path to resume the upward movement in the short to medium term trading.

 

Based on the above, we will remain waiting for the price to achieve the required breakout, which would increase the likelihood of targeting 216.10 and 216.65 initially. With continued positive factors, the movement could extend toward 217.50, which represents the first main target of the upward trend.

 

 

The expected trading range for today is between 214.00 and 216.10

 

Trend forecast: Bullish