The spot rate is currently testing the upper limit of its medium-term bullish channel at 1.3760 suggesting a decline in the short term. A return on its intermediate support at 1.3670 is possible.
According to previous events, the market indicates a bullish opportunity on the levels of 1.3670 with a 1st objective of 1.3760, then 1.3780. A break in 1.3650 would invalidate this scenario.