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We see today that there's a chance for the pair to breach the 13.40 level to undergo an upside correction on the short term yet unfortunately a new resistance level has been created around the 13.60 level which could limit the upside movements. However, breaking this level will result in a correction to the upside to reach the 14.15 level at the very least.
The trading range for today might extend among the support level at 12.45 and the resistance level at 14.15
The general trend remains to the downside as far as 18.30 remains intact with targets at 12.50 and 10.50
| Support | 13.20 | 12.97 | 12.45 | 12.12 | 11.84 |
| Resistance | 13.40 | 13.60 | 13.90 | 14.15 | 14.27 |
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