Daily Market Analysis

The pair is going to test the nearest support at 1.2684 - 1.2661. In this case, we could have a new local low within the next few hours...

We should watch the next resistance at 1.1433 as an intraday target. If a pullback from this level forms next...

We should keep an eye on the next resistance at 1.2826 - 1.2852 as an intraday target. If a pullback from these levels happens next...

The price is consolidating between the lower 'Window' and the Moving Averages. It's likely that the market is going to...

The main intraday target is the next support at 1.2658 - 1.2634. Meanwhile, if a pullback from this area happens next...

The market is going to test the nearest resistance at 1.1363, which could be a starting point for a decline...

If a pullback from 1.2658 - 1.2634 happens next, there'll be a moment for an upward correction towards the nearest resistance...

It's likely that the pair is going to test the next resistance at 1.1429. If any bearish pattern forms on this level little later on...

The main intraday target is the next support at 1.2695 - 1.2684. The following pullback from this area could lead to a bullish correction...

It's likely that the pair is going to test the nearest support at 1.1319 soon. If a pullback from this level forms next...

The subsequent pullback from 1.2852 - 1.2883 could be a starting point for a bearish correction towards the closest support...

There's a 'Doji' on the Moving Averages. In this case, it's likely that the pair is going to achieve the closest resistance...