The parity is forming a channel and right now we observe a downward movement with a price consolidation, just below the trend line. There is a high chance we will see break out soon. If the price breaks out to the up, the upper band in the vicinity of 2.0080 level will be the target.
The break out to the down, will press the price towards 1.9560 and then 1.9490 levels.
The break out to the down, will press the price towards 1.9560 and then 1.9490 levels.