General outlook for the pair:
Major support and resistance:
In the monthly chart:

In the weekly chart:

Pair recent direction : Pair moving Up
Different Scenarios for the Pair:
Expected market sentiment: Expected scenario for the pair is the bullish/ bearish scenario as seen in chart below:
- The pair moved in the last weeks between 1.5550 and 1.5950.
- The pair is expected to move in the next month between 1.5700 and 1.6250 as it faces clusters of daily/weekly tops and bottoms.
Major support and resistance:
In the monthly chart:

In the weekly chart:

Pair recent direction : Pair moving Up
Different Scenarios for the Pair:
- Bullish scenario: Bulls will be in control, if pair can break up and clearly close above 1.5950, for at least 2 days.
- Bearish scenario :Bears will be in control, if pair can break down and Clearly close below 1.5550, for at least 2 days.
Expected market sentiment: Expected scenario for the pair is the bullish/ bearish scenario as seen in chart below:
