Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.5630, which will be followed by reaching support level 1.5200 and then to 1.4980.
Alternative scenario:
For uptrend look monthly forecast.
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1.5630, which will be followed by reaching support level 1.5200 and then to 1.4980.
Alternative scenario:
For uptrend look monthly forecast.
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