This current downtrend of this pair started in late 2008 and continues through to today. I would continue to look for sells as long as the pair remains below the 1.4372 high noted on the chart.

Note: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byThis current downtrend of this pair started in late 2008 and continues through to today. I would continue to look for sells as long as the pair remains below the 1.4372 high noted on the chart.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.