broken Jan 28 and we currently see a bounce off the Weekly
point/Daily S1 confluence level at 1125.
Next resistance in the intra day
at 1185. Bulls would like to see a close above this
level for a start. But as long as price trades
above the marked on the right chart
the pair is looking constructive. A close below
this and chances are we will
see more losses. If price breach the Daily
point, next up is the high at 1240 and above that
the 1275 .