Midday Report

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The pair is inclining steadily and the trading range areas continue dominating the movements. The bullish candlestick formation argues us to keep our positive overview unchanged for the rest of the day, which is based ob the duplicated harmonic pattern.

The trading range for today is among key support at 107.30 and key resistance now at 112.10.

The general trend over short term basis is to the downside targeting 97.90 as far as areas of 132.50 remain intact.

Morning Report

Weekly Report

Support109.50109.25108.50108.00107.60
Resistance110.50110.80111.05111.60112.10
RecommendationOur morning expectations remain valid.