Midday Report

The awaited fluctuation around the captured neckline has been activated and now, the pair inclined once more, proving the bullish pressure of the mixture between classical and harmonic scenario. Accordingly, the bullishness might be activated for the rest of the day.

The trading range for today is among the key support at 0.8580 and key resistance now at 0.8860.

The general trend over short term basis is to the upside, targeting 0.9720 as far as areas of 0.8400 remain intact.

Weekly Report Morning Report

Support0.86600.86300.86050.85800.8530Resistance0.87200.87600.88300.88650.8905RecommendationOur morning expectations remain valid.