The weak outlook in the parity continues. If 1.2550 is broken at this stage, 1.25 can be targeted. As long as it remains below 1.27 in the short term, we expect the outlook to remain weak and increases to provide a selling opportunity.
Resistance | 1.2660 | 1.2660 | 1.2700 |
Support | 1.2550 | 1.2500 | 1.2450 |