The pair rose strongly on Thursday, reaching its first target at 1.0095, to retreat on Friday in an attempt to gain some bullish momentum due to the saturation condition that was indicated by the Stochastic and RSI indicators on the four-hour framework, which shows positive signs now …
The possible bullish scenario remains valid with the failure to be adjusted to 1.0030, and the pair could reach the second target around 1.0165 and 1.0250 as the third target.
A drop and a break of 1.0030 might be enough to end the upside scenario, and then go to test support at 0.9990 as the first target and then 0.9945 as the second target at least.
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