The currency pair has completed a wave of decline to 1.0760. Today the market is forming a consolidation range above this level. If the price breaks it downwards, the range could extend to 1.0703. And if the price escapes the range upwards, a correction to 1.0900 could begin. Next, a decline to 1.0700 is expected. {chart} The currency pair has completed a wave of decline to 1.2400. Today the market is forming a consolidation range around this level. With an escape from it upwards, a correction to 1.2550 could start. If the price breaks the range downwards, the wave might continue to 1.2350. {chart} The currency pair ... (full story)