Midday Report

The pair is rising despite the negativity of stochastic as it trading above 1.4400, in general, our morning expectations remain valid if the pair stabilize above 1.4235.

Trading range for today is among the major support 1.4235 and the major resistance 1.4650

The short term trend is to the upside with a steady daily closing above 1.2795 targeting 1.5135

Previous Report

RecommendationBased on the charts and explanations above we recommend buying the pair around 1.4325 targeting 1.4455 and stop losses below 1.4235 might be appropriate for today.