On the M30 time frame, prices are approaching the support zone at 1.18700, in line with the 61.8% Fibonacci retracement, graphical support and 61.8% Fibonacci extension. We could see a bounce above this demand zone to our next resistance target at 1.19300 which coincides with the 50% Fibonacci retracement. A break above this level would provide the bullish acceleration to our next resistance target at 1.19800, in line with the graphical support turned resistance level. Stochastic is approaching support as well where we could see further upside, in line with prices.