The pair traded indecisively during last week trading session. open arn 1.0970 area, trade higher and top around
1.1125 area and whipsawed to the downside bottomed around 1.0900 area and bounce back top at 1.1110 area and initiated a sharp reversal. immediate resistance lies at 1.1050 area,provided the area holds,we expect to see another bearish wave testing 1.08** area. where a failure of price to defeat 1.0915 area will keep the pair on sideways trading, untill a breakout on either side occurs.
Do have a wonderful trading week ahead.. Do visit us for further updates during the week trading session.
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