short positions below 1.0350 with targets at 0.9400 & 0.9050 in extension.
above 1.0350 look for further upside with 1.0900 & 1.1270 as targets.
The pair has broken below a rising trend line and has posted a pull back but remains capped by its declining 50-weeks moving average. Next targets are set at 0.9400at first and at 0.9050 in extension.
Supports and resistances: