General:
The pair is in a downtred from the beginning of 2014 and it has no reason to stop.
Expected rate of the pair for 2nd of March: 2.4983
Support: 2.4219; 2.4983; 2.6146
Resistence: 2.7474
On the weekly chart
On the weekly chart, as you can see , the pair is in a downtrend, this week started a little retracement because of the support level around 2.6146.
On the daily chart:
I think that the retracement i was talking about will finish soon and the price will fall down to my target.
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