Market managed to break below 101.50 earlier this week where we advised that below this level more drop may hit market toward 99.00-50 zone, as we see over the char market facing resistance at 102.00 and 102.85 where as long as market holding below one of those level more drop will be expected toward 99.00-50 zone
Above 102.85 market may sustain advance toward 104.00 level so keep your eyes on this, as well as the DXY (attached)
GL and expect some nice movement in the pair before the leg up to 110.00 EoY