the daily outlook is bearish, on the hourly time frame the pair is in a sideways movment the main indicator are bearish and the sotocastik is under its signal ligne the price can not trade above the weekly pivot at 1.0621 the daily pivot is at 1.0555 and the daily support is at 1.0491,1.0415,1.0336 on the economic point of view there is no major news we have to observe the Employment Change q/q from EU and the Building Permits from USA