Following up from last week this pair broke out of consolidation (bearish) falling to the support levels as indicated on my chart of last week. The 145.775 resistance level held and again confirmed that this is a strong level on this pair. I’m using the Weekly chart as there is a lot of “noise” on other time-frames and the Brexit negotiations can cause problems as well. The lack of momentum in the market (seasonal) is not helping either and limiting movement, so best to take intraday trades on this pair. Also watching the trendline on the Weekly, as it will be interesting to see what the market will do at the trendline.

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