1.3580 is the support we are looking at today. If we can hold this support and there is no reason we cant really, then we should see another go at resistance located at 1.3670/95. Within this resistance band you are looking to cover all longs.
Sellers may be edgy and only come in if the short term stochastics become overbought. However they may attempt to 1.3725 and it is only above here that sellers will worry. If this resistance breaks then look for buyers to take this higher for 1.3800/20.
As stated support is at 1.3580. If we lose 1.3550 there will be a bit more pressure on the downside with initially 1.3520/00 targeted. This support should hold and buyers will be evident. They will only worry if a loss is seen below 1.3490 as this would trigger slide to 1.3440.
