The course is about to test support at 1.06.
The indicators are broadly bearish.
We maintain to be gender based on the key point of 1.07.
- In short as 1.07 and 1.06 out of a break will then offer a new sell signal for an extensionof the downward trend to 1.05 or lower if this level is also down.
- Feature above 1.07 and a bullish break of 1.08 will then offer a new buy signal for abullish extended to splus 1.09 or higher if this level is also divided