After struggling at major resistance, the pair has slipped lower to break daily cloud.
Scope for test of at 1.4625. Violation there then eyes 200-DMA at 1.4457.
Focus on Eurozone final CPI , trade balance and ECB meeting minutes for further direction.
Support levels - 1.4776 (converged 50&100 DMA), 1.4769 (cloud base), 1.4625 ( ), 1.4457 ( 200-DMA )
Resistance levels - 1.4869 (cloud top), 1.4915 (5-DMA), 1.4990 ( )
Good to go short on decisive break below 1.4776, SL: 1.4870, TP: 1.4625/ 1.4460