held major support level
at around 1.9350 area. A rejection bar formed on the daily chart
at this level indicating possible price reversal. Also A decent falling wedge
has been forming for the past few days which increases the probability of price breaking out of this consolidation into higher levels at around 1.9800/1.9900 area which is the nearest strong resistance level
. I am watching for the break of 1.9600.