General outlook for the pair:
  • The pair moved in the last weeks between 1.5800 and 1.5200.
  • The pair is expected to move in the next month between 1.5500 and 1.4700 as it faces clusters of daily/weekly tops and bottoms.

Pair recent direction : Down
Expected rate of the pair 1st of March, 12:00 GMT: 1.4948
Expected market sentiment: Bearish
Chart of major support (S) and resistance (R):

Weekly chart
Chart of expected scenario:

Daily chart
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