This morning the spot rate broke its downtrend channel at 1.3140 giving a rise to a strong acceleration. A pullback to this area is expected before a resumption of bullish movement.
According to previous events, the market indicates a bullish opportunity on the levels of 1.3140 with a 1st objective of 1.3240, then 1.3270. A breakthrough of 1.3110 would change the observed situation.
