The spot rate has broken its support at 1.3860 leading to an acceleration. A pullback on these levels is possible before returning to the lower limit of its medium-term bullish channel to 1.3730.
According to previous events, the market indicates a bearish opportunity on the levels of 1.3860 with a 1st objective of 1.3760, then 1.3730. A break in 1.3880 would invalidate this scenario.
