So, since the breakout of the bullish channel on the afternoon on the 30th June, this pair has been ranging in a 55 pip channel for the last couple of days. It looks like we have a key support level of 1.3550 which has held firm 3 times in the last 2 days. This morning there looks to be a long trade opportunity off support, eyeing the fib level of 0.236 which is 1.3590. Potentially we could see a nice 30-40 pip trade on this mornings UK session, one to watch!