Open trading account 
Monthly chart:
Current medium-term downtrend has broken longer-term uptrend, which is marked on the chart as a trendline that supported the pair in 2009, 2010 and 2013. After trading down to below 1.50 in January, the pair reversed all sub 1.55 losses in February and even broke above the big level. At that point it looked like a bottom is in place, but another push down followed as the pair declined all the way to 1.4566. It reversed from there but ran out of puff just above 1.58.
Weekly chart:
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Current medium-term downtrend has broken longer-term uptrend, which is marked on the chart as a trendline that supported the pair in 2009, 2010 and 2013. After trading down to below 1.50 in January, the pair reversed all sub 1.55 losses in February and even broke above the big level. At that point it looked like a bottom is in place, but another push down followed as the pair declined all the way to 1.4566. It reversed from there but ran out of puff just above 1.58.
Weekly chart:
…