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Pair also reached a strong Fibonacci level, and rebounded from 132.80 lows, after failing to extend the downside movement under the 61.8% of the last daily rally. 4 hours indicators are way over sold, suggesting more upside to come before more clear definitions, if the pair manages to regain the 134.00 level. Above it, next resistances come at 134.50 and 135.10, while supports for next hours lie at 133.20 and mentioned 132.80 lows. An acceleration under that level, could trigger more selling in the pair, with 132.00 as next target zone to consider.
