Technical Analysis

It's likely that the pair is going to test the nearest resistance at 1.3391. However, if a pullback from this level happens little later on...

It's likely that the price is going to test the nearest support at 0.8574 because of the last 'Triple Top' pattern...

There're bullish patterns such an 'Inverted Hammer' and a "Hammer', which both have been confirmed...

There's a 'Flag' pattern, which led to forming a new local low. Also, we've got a 'V-Bottom', so...

The pair is going to test the nearest support at 110.54. This level could be a starting point for another bullish rally towards the upper 'Window'...

It's likely that the pair is going to test the closest resistance at 0.6756 - 0.6772 in the short term...

We should watch the nearest resistance at 1.1304 by the upper 'Window' as the next target...

It's likely that the pair is going to touch the previously tested resistance at 0.7131. If a pullback from this level happens next...

There's a 'Tower' pattern, which has been confirmed, so we've got an ongoing bearish correction...

The main intraday target is the nearest resistance at 1.0009 - 1.0025. If a pullback from this area happens little later on...

The release of the US and Canadian data at 15:30 MT time will bring substantial volatility to the pair.

There's no any reversal pattern so far. In this case, the market is likely going to test the nearest support...