The pair tried to breach 1.0200 but stabled below it keeping our bearish expectations valid till now, as we anticipate reaching the targets starting at 1.0120 then 1.0075. The downside effect of the harmonic pattern shown on graph is valid, as breaking 1.0140 levels will ease achieving the awaited targets.
The trading range for this week is among the key support at 1.0000 and key resistance at 1.0355.
The general trend over short term basis is to the upside with steady daily closing above 0.9800
targeting 1.0485