Price has reached the confluence area of Yearly S1 and the 61,8 fib of Aug 2012/March 2014 swing 1,3425-50 and is showing some respect of the level. Current level is also the bottom of a barrel channel the downward move. Targets of a bounce from here is 1,3620 and 1,38-3850 (Monthly S2 and Monthly S1/0,5 fib and Horizontal resistance)