It's disappointing at support at 145.00 has failed to protect the downside and it does increase the risk for more downside pressure towards 141.00 if a break below key-support at 144.13 also is seen.
Minor resistance is now seen at 145.50 and only a break above here will ease the downside pressure and call for a rally to 146.50 which needs to be broken to lift the spirit for this cross.
R3: 147.31
R2: 146.50
R1: 146.00
Pivot: 145.00
S1: 144.50
S2: 144.13
S3: 143.72
Trading recommendation:
We will sell a break below 144.13 or buy a break above 145.50
The material has been provided by InstaForex Company - www.instaforex.com
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