The currency pair has bounced from the falling price around 1.3500 and now it is trading around 1.3650-1.3700. We may see the rise to continue up to 1.3750-1.3780 later on today. On the other hand we may see another drop towards 1.3500 zone is still possible after consolidation.
Hourly based Support and Resistance levels:
S: 1.3668 1.3680 1.3702
R: 1.3736 1.3748 1.3770
Current trend: BUY
