Already UCAD has bounced back from 1.3000 lows & has started 1st leg up. We shall look for some retracement going below 1.3164. Retracement zones could be 1.3110-1.3125 where it completes 38.2% retracement -which is the pullback looking at the moment.
Kindly be careful of doing your own due diligence.
Best Regards, Abhishek H. Singh, CMT India Regional Manager http://in.tradingview.com | LinkedIn India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ