Morning Report

The trading range for today is among key support at 1.5460 and key resistance at 1.5925.

The general trend over short term basis is to the downside, targeting 1.4225 as far as areas of 1.6875 remain intact.

Previous Report

Weekly Report

RecommendationBased on the charts and explanations above our opinion is, selling the pair around 1.5760 targeting 1.5555 and stop loss above 1.5925 might be appropriate.