Morning Report

The trading range for today is among key support at 1.3140 and key resistance at 1.3550.

The general trend over short term basis is to the downside, targeting 1.1865 as far as areas of 1.3550 remain intact.

Previous Report

Weekly Report

RecommendationBased on the charts and explanations above our opinion is, buying the pair around1.3320 targeting 1.3500 and stop loss below 1.3200 might be appropriate.