Forex Trader

Similar moves on those two pairs but that’s not strange because of the Euro weaknes in the market. The pair touched 1.3945 low on Friday and recover to the 1.4100, where the pair find resistance, the previous support from March 05. Down trendline return the pair down to 1.4040 for now, furder decline is possible, 1.3950 is first support. If that support brakes, next strong support is placed at 1.3800. the previous support from August/September 2014.