The pair traded on a weak note since past 2 trading weeks as was projected in my previous update. Going ahead, prices are likely to resume its bullish trend towards 1.28 in the coming months.
Note that, an early fall below below 1.1960 shall negate the above mentioned bullish scenario and prompt further weakness towards 1.1550 hence has to be carefully watched.
Note that, an early fall below below 1.1960 shall negate the above mentioned bullish scenario and prompt further weakness towards 1.1550 hence has to be carefully watched.
