Morning Report

The pair pushed to the upside according to yesterday's scenario supported by the upside intraday trend's support level that carries trading, after breaching pivotal resistance around 1.3425. We may witness some fluctuation near the support the current ascend towards 1.3640, before heading towards the upcoming pivotal resistance around 1.3715 to pave the way towards resuming key targets today around 1.3700. Stability is above 1.3640is needed to achieve expectations.

The trading range for today is among the key support at 1.3500 and the key resistance at 1.3900.

The short term trend is to the upside as far as the daily closing is above 1.2795 remains intact with targets at 1.5135.

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Weekly Report

RecommendationBased on the charts and explanations above our opinion is buying the pair around 1.3640 targeting 1.3830 and stop loss below 1.3540, might be appropriate.