The currency pair is trading around 1.3245 under the Ichimoku Cloud, suggesting a downtrend. A test of the upper border of the Cloud near 1.3275 is expected, followed by a decline to 1.3115. An additional signal confirming the decline will be a bounce off the lower border of the ascending channel.
The falling will be canceled in the case of a breakout of the upper border of the Cloud and closing above 1.3320.
Orgin: RoboForex
