The pair broke back below 1.0500 and in a short-term could retest the 1.0370-1.0400 area, right where the 100-Day SMA and the 200-Day SMA reside. A break and consolidation below this area would confirm the bearish bias and accelerate declines ahead of parity
The pair did not manage to hold above 83.00, so we look for a new decline towards the 79.85-80.00 support area, right where the 50-Day SMA resides, or lower ahead of the 78.15-78.60 support area, right where both the 100-Day SMA and the 200-Day SMA reside. A
The pair did not manage to break above the 1.6000 resistance. However, while it trades above the 200-Day SMA by 1.5850, the risks are on the upside, so we look for a break above 1.6000 to reach the key 1.6165 resistances. Only a daily close below the 200-Day
The pair is consolidating above 1.3300 and in a short-term could continue the uptrend towards the 1.3485 resistance. Breaking above this level would allow reaching the 200-Day SMA by 1.3600. The nearest support is still eyed by the 1.3170-1.3190 area, right
The pair broke above the 1.0500 level and in a short-term could reach the 50-Day SMA by 1.0620. A daily close above this level would confirm the uptrend ahead of the 1.0850 resistance. The nearest support is eyed by the 1.0370-1.0400 area, right where the 10