Morning Report

The pair retested the exponential moving averages from below and the previously breached ascending main support, and then the pair returned to trade around 1.0185. Consolidation below 1.0205 suggests that the downside movement is still available in the coming period.

The trading range for today is among the major support at 1.0000 and the major resistance at 1.0305.

The short-term trend is to the downside as far as 1.0665 remains intact targeting 0.9000.

**New York Candlesticks**

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Weekly Report

RecommendationBased on the charts and explanations above, our opinion is selling the pair around 1.0185, and take profit in stages at (1.0070 and 0.9970) and stop loss with 4-hour closing above 1.0275 might be appropriate