Last Updated Date: 16 May 2022 @ 5:59 AM (UTC)
*Please note that all the dates are in GMT time zone
The larger medium term bear trend pattern still has potential to 1.0310. Trade may try to correct / consolidate declines, but narrow congestion with rallies blunted below 1.0470 will bear flag. A close under 1.0330 will resume bear trending to reach under 1.0250. A close over 1.0504 (SAR) reverses out of the downturn.
Resistance 2 1.0440
Resistance 1 1.0420
Support 1 1.0380
Support 2 1.0360