Pressure is at the forefront in the parity. If 1.0450 is broken at this stage, 1.04 can be tested. As long as it remains below 1.06 in the short term, we expect the outlook to remain weak and increases to provide a selling opportunity.
Resistance | 1.0500 | 1.0550 | 1.0600 |
Support | 1.0450 | 1.0400 | 1.0370 |