Midday Report

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Just fifteen pips separated between the pair and the expected potential reversal zones of the morning captured ideal bullish harmonic butterfly pattern. The sharp inclines occurred from 132.40 accompanied by the awaited positive overlap of Stochastic. Thus, we keep our overview unchanged for the rest of the day

The trading range for today is among key support at 130.50 and key resistance at 136.20.

The general trend over short term basis is to the downside, targeting 118.80 as far as areas of 150.75 areas remain intact.

Morning Report

Weekly Report

Support133.15132.25132.00131.65131.00
Resistance134.25134.80135.50136.20136.80
RecommendationOur morning expectations remain valid.