Main scenario:
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1311, which will be followed by moving down to support level 1306, 1300 and 1294.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1316, which will be followed by moving up to resistance level 1320, 1327 and 1332.
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1311, which will be followed by moving down to support level 1306, 1300 and 1294.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1316, which will be followed by moving up to resistance level 1320, 1327 and 1332.
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