The pair continues to fall with 95.50 so far holding.

A quick move below 95.50 could occur moving to the 95.30 area. Beyond this there is no real support till 94.50. 95.00 is a profit target based on current moves so that is also a level to watch.

A push above 96.00, if it holds would target 96.50. A move higher is not expected with the current selling pressure, but 96.80 provides resistance beyond.

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