The pair has consolidated last week before resuming its uptrend this week. A return to the recent high at 0.9841 is likely. Its break would pave the way to the major barrier of 0.9973 (July 2012 top). Short term supports stand at 0.9670 and 0.9550. Buy – Stoploss @ 0.9669 – Target @ 0.9969.
Click here to read the full report: FX Trends Daily
Natixis
