The pair is trading in the middle of the sideways range again, and needs to break 1.5585 once more to confirm extending the downside move on the medium term, while breaching 1.5730 halts these negative expectations and pushes the pair to start a bullish correction targeting 1.5965. Therefore, we will monitor the pair at the support 1.5585 and resistance 1.5730 waiting for a clear confirmation signals for the next move.