The spot rate approaches the lower limit of its medium-term bullish channel to 1.3595 and seems to start a rebound. However a break of these levels would initiate a downward trend.
According to previous events, the market indicates a bullish opportunity on the levels of 1.3595 with a 1st objective of 1.3690, then 1.3740. A break in 1.3570 would invalidate this scenario.
