Morning Report

The decline seen yesterday was not able to provide any 4-hour closing below 1.3315, and also the pair didn't consolidate below 1.3270. The upside move is expect to return in case the mentioned areas remain intact, but in general stability above 1.3380 is required to confirm the return of the upside move.

The trading range for today is among the major support at 1.3080 and the major resistance at 1.3560.

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

**New York Candlesticks**

Previous Report

Weekly Report

RecommendationBased on the charts and explanations above, our opinion is buying the pair above 1.3380, and take profit in stages at (1.3515 and 1.3695) and stop loss with 4-hour closing below 1.3270 might be appropriate