The pair rises after rebounding from the support of 0.9980 during the Asian session of the day … it is better to stay neutral until the price exit from the area specified on the chart to confirm its direction … Back to the highest 1.0060 may be sufficient to confirm the possibility of resuming the upward trend to be the next target at the summit last November Around 1.0125 which breached a daily closing might push the price to target at least 1.0225 resistance.
A drop of 0.9980 and a four hour close might push the price to test support at 0.9910 as the first target and then 0.9840 as the second target.
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