resistance zone at 1.51-1.52, it has been tested 6 times this year. it is trading at 1.496, waiting for it to get back close to 1.51 and evaluate from there again for a short position 1.475 and 1.44.
Comment:
no trade as yet as AUS CPI data was not good. if it fails to break 1.525 in the next couple of days, we may open a short trade. lets come back to this next week