The pair is getting closer to 1.5436. In case of a possible rebound, the next resistance is at 1.5518. Despite that, if the pair continues its downtrend, the support to watch out for is at 1.5369.The Bands of Bollinger are narrow, indicating a low volatility, whil the RSI is in a neutral zone. Traders estimate that the chances of an attack to the first support are clear. The pair is now trading at 1.5462.

/