The weak outlook in the parity continues. If 1.2550 is broken at this stage, 1.25 can be targeted. In the short term, as long as it remains below 1.26 and 1.27, 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 |