As we head into this trading week, the trend is still down, but appears to be waning slightly.
Near-term support is at 1.4300. A drop below is likely to test former lows at 1.4260, but 1.4250 is also likely to act as support. A break below 1.4250 indicates a move to 1.4150. There is interim support in the area of 1.4200 and 1.4175.
