As long as the parity does not pass the 1.30 and 1.31 levels, we expect the outlook to remain weak and the increases to end as selling opportunities. Below, the 1.2860 region should be monitored as critical support.
Resistance | 1.3000 | 1.3060 | 1.3100 |
Support | 1.2900 | 1.2860 | 1.2800 |