The pair traded in a weak note during its prior week and is in the verge of concluding its upside rally. Prices have already reached 100% fibo extension of its prior swing and are consolidating within 1.6150 to 1.5760 since past 2 weeks. Going ahead, prices are likely to consolidate within 1.6210 to 1.5830 ahead of turning down sharply in the coming weeks.