Mathew - Trader of Forex Online Trading

New resistance has been established at 2.0365 and holding below it could lead to attempts at taking out the tested 2.0244 support. If that gives way then a full-fledged correction lower will likely take hold targeting firstly 2.0207, where a limited bounce higher could kick in before price head lower again. On the upside, taking out the 2.0365 resistance will keep prices on track to 2.0675.