For the shorter term and following yesterday chart, the break above the 200 EMA and the 61.8% gave an impresive rally (not seen for the intraday) to 1.4867 a 4 weeks high for the pair. Right now, prices remains above the 76-3% of the mentioned rally. around 1.4715, first support for today, dollowed by the zone around 1.4650/60 that porved to be strong enough yesterday. A 4 hours candle opening under it, will confirm further falls, as the RSI  indicator is showing the pair is quite over bough and momentum seems to be close to a maximun (despite is not yet exhausted) being next targets the zone around 1.4600 and finally 1.4567, the 61.8% level mentioned early. Regarding resistances, form actual zone around 1.4730, only above 1.4762 the pair can recover to the zone around 1.4811, followed by yesterday’s maximum at 1.4867 and finally 1.4905.

Regarding longer term charts, please take a look at this daily one: indicators remain clearly bullish, despite we could see some intraday correction, being the zone around 1.4920 the key level to watch: above this last, the bullish rally could easily continue to the zone around 1.4980 first, and if could manage to break above 1.5000, psychological level, next target will be the zone around 1.5210: Notice the weekly Fibonacci levels from the historical maximum to 1.3881 minimum acomplished this month: the daily candle today has confirmed above the 38.2% and remains unable to break down. The 1.5210 target is in fact the 61.8% of the mentioned rally. Anyway, if the pair manages to close the day under 1.4700, we could see that the 38.2% of the weekly level failed to hold, and further falls, first to the zone around 1.4580 and them to 1.4500 are likely for the next term, yet only under the zone around 1.4400 the pair could recovery bearish strengh not seen for this week.