WEEKLY ANALYSIS 9.05.2016 TO 13.05.2016
The has dropped down from 0.7052 and touched the bottom line at 0.6806. Last week the pair had made the range of about 245 pips.
So it is standing on uturn it the pair breakout it would further go down at .06730, 0.6680 and 0.6600. If it successed to bouince back and slipped from bearish pressure it would go up 0.6900 and 0.6950 this week.

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