The pair did make a move higher yesterday above a prior swing high, and just fell short of the 95.40.

95.40-95.50 is a major resistance area. A break above indicates a swing higher. 96.00 and 96.40 are the targets (not necessarily today).

Support is at 94.90, 94.60 and 94.30. A sustained break back below of 94.60 would indicate short-term weakness.

Forex Analysis by Dr. Sivaraman at ForexPros. com. For more details about Forex Trading and Tips for decent earnings through Forex Trading, Please check Forexpros. com