The pair is still around 1.51 and yesterday it moved in a very narrow range, between 1.5113 and 1.5101. Today we have news both from the Eurozone and Switzerland, so the market should exit this range. It it breaks today's high at1.5115, the price will target 1.5128. On the lower side, losing the support at 1.51 will take the pair down to 1.5083, an area of potential upwards rebound.
Join the Discussion