Support is at 95.40 and 95.00.  A break below 95 will likely probe into the 94.50 area.  There is an upward sloping trend line which currently is running through 95.40.  So a move below this level shifts the overall bias for the pair downwards.

Upside resistance is 96.10 and just below 96.60.

Forex trading analysis by Forexpros.com - Written by Corey Mitchell

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