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Despite breaking an important daily ascendant trend line, the pair has reached a key level at 93.55 and begin a correction; take a look at the CCI in 4 hours charts: it has formed a “V” peak under the -200 level, first sign of a probable upside correction, we have to watch if the CCI continues quite vertical and crosses the level. From actual price, resistances will be at 94.10 followed by 94.38 pullback to the broken line; if the pair recovers above that zone, 94.80 is the next zone to consider. Supports from actual zone, will be the 93.55 mentioned that if broken could trigger good momentum in the pair, first to 93.10 and finally to 92.57.
