The first three days of the week are held to consolidate the levels reached Thursday and Friday of last week, and on Thursday the pair seems to have shown a downward trend. However, on Friday it revived risk appetite and output from traditional protection currencies, pushing the pair up.
Growth in the coming week will be limited to the current channel's upper border - 84.25, in case of a few breaks which will test the strength of 84.74.
When will the drop down support be given at 82.28. If it falls deeper, it is unlikely that the band will support 79.60 - 79.48.