Morning Report

The trading range for today is among key support at 78.90 and key resistance now at 81.65.

The general trend over short term basis is to the upside, targeting 87.45 as far as areas of 75.20 remain intact.

Previous Report

Weekly Report

RecommendationBased on the charts and explanations above our opinion is, buying the pair around 80.20 targeting 81.65 and stop loss below 79.15 might be appropriate.