The pair moved in the last weeks between 1.4700 and 1.6600 , the pair seemed moved in up trend in the last time, the pair is expected to reverse its direction in the next month as it faces strong area around 1.5800-1.6000.
Expected rate of the pair 1st of October, 12:00 GMT: 1.4764
Major support:
1.5300 (broken weekly resistance), 1.4700 (cluster of weekly support and bottoms).
Major Resistance :
1.5800-1.6000 (weekly top), 1.6600 (highest leve…