The price has been stucked in a pretty small area for days now. It produced few inside bars therefore it is going to breakout either way. Can be a pullback to res level or - which is more likely - we will see a short continuation. First level 1.33area, then, it could go toward 1.30 depends on the actual candle forms.
As we see, lately UJ was in a tough downtrend, which is not a huge surprise after that rocket in late 2014. What we can see, is we reached a pretty strong support area, and it shows that here is the end of the ,,lower low" form, so we can expect a breakout for upward. Next days will be crucial, if it happends, first target can be the 105.400 area