The pair is continuing to fall in early trading today after a strong up move on Friday.

Support is likely around the 50% retracement level of Friday's move at 96.40.  96.00 and 95.80 are support levels beyond.

Resistance on the upside is likely to be seen by 97.20, 97.50 and 97.80.  A break above 97.80 is not highly likely today, but indicates another swing higher over the next couple days.

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