The news ground for this currency pair is still with no strong variations to be expected. The technical analysis shows that the instrument got from the price channel support which opens prospects for purchase from the current price to 0.9630.
The European markets are under pressure in waiting for the Brexit referendum. In the H1 time frame the currency instrument is under correction from the price channel resistance line which makes it possible to open order for purchase from 1.4512 with t/p 1.4555.
The technical analysis shows that the currency instrument got a peak of the price channel and corrected for decrease. The main decreasing driver is the strong USD. Technical indicator RSI features over-purchases which make it possible to open order for selling from the current price to 0.7060.