The pair is trading above the 100-Day SMA, so we still look for additional gains towards the 1.3485 resistance or higher ahead of the 200-Day SMA by 1.3615. Only a clear break and consolidation below the 100-Day SMA could trigger a setback towards 1.3000, wi
The pair managed to hold above the 1.0370-1.0400 support area, right where the 100-Day SMA and the 200-Day SMA reside, so we could see a rebound towards the 50-Day SMA by 1.0610, with a daily close above to confirm the uptrend ahead of the 1.0850 resistance.
The pair dropped below the 83.00 support, thus increasing risks of additional declines towards the 80.00 support or lower ahead of the 50-Day SMA by 79.50, the 100-Day SMA by 78.50 and the 200-Day SMA by 78.10. Any recovery is expected to be capped ahead of
The pair broke below the 200-Day SMA, thus increasing risks of a setback towards the 1.5680-1.5740 support area, right where the 50-Day SMA and the 100-Day SMA reside. However, a break and consolidation back above the 200-Day SMA would confirm the uptrend ah
The pair managed to hold above the 100-Day SMA, so we still look for additional gains towards the 1.3485 resistance or higher ahead of the 200-Day SMA by 1.3615. Only a clear break and consolidation below the 100-Day SMA could trigger a setback towards 1.300
