Price stands at the 50% fib of the August upswing and has found support by the trendline, from the same move up. Resistance stands at 1,1350 (above Daily R2 at 1,1310) which is the Weekly Pivot Point and the current Kijun Sen (white line). Slightly above stands the Kumo Cloud and the 38,2 fib of the Aug leg up. 1,1365-80. Thus 1,1350-80 creates a strong intraday resistance zone, which is likely to hold at a first test. Below as support stands the trendline and 61,8 fib 1,1180-1,12ish. Direction is unclear, since price has returned to it's multi month range after the spike to 1,17 level. Still, as long as the trendline holds (and the early Aug top supports) some bullish prospects still remains. Price often likes to trade the Weekly PP, so we might see that here too. Big economic releases this week, will probably keep price action obscure, but with a dovish dollar scenario (no rate hike and a dissapointing NFP) there are good chances for another rally and perhaps a completion of the ABCD pattern that can be seen on the daily timeframe.