The spot rate is currently testing the intermediate support of its medium-term bullish channel at 1.4400 and seems to start a rebound. However a break of these levels would entail a return to the lower limit of this one to 1.4360.
According to previous events, the market indicates a bullish opportunity on the levels of 1.4400 with a 1st objective of 1.4480, then 1.4520. A break in 1.4380 would invalidate this scenario.