The Pair is sitting at a major area at 1.32850 - 1.33150 zone which used to be a resistance and is now acting as support. The support zone
is in alignment with a trend line
joining previous highs and now supporting the pair. Plus, still in that zone, we have the 50% fib retracement (1.32988) of the bullish
move from the lows at 1.31320 to the highs at 1.34650.
I expect the pair to move to previous highs at 1.34500 as TP1 and possibly move further to 1.35600 which correspond to fib 127.2% extension as TP2
Safe Trading !