Pair dropped to rising trend line support at 1.1359 in Europe, but staged a rebound from the same and is now challenging hourly falling trend line resistance. An hourly closing above falling trend line would expose 1.1419 (23.6% of 1.0463-1.1714). A break higher could yield 1.1465 levels.
On the lower side, an hourly close below support at 1.1361 (rising trend line support) could result in a drop to 1.13 levels.
On the lower side, an hourly close below support at 1.1361 (rising trend line support) could result in a drop to 1.13 levels.
