As long as the parity does not break the 1.30 and 1.31 levels, we expect the outlook to remain weak and the increases to end as selling opportunities. If 1.29 is broken below, 1.2860 can be targeted.
Resistance | 1.3000 | 1.3060 | 1.3100 |
Support | 1.2950 | 1.2900 | 1.2860 |