On an hourly time frame the currency pair is rather neutral with SMA20 & 55 signaling a buy and SMA 100 & 200 signaling a sell. The rising channel seen on hourly charts indicates that a break below 1.4420/ 1.4415 area could open the door to more bearishness. To the upside a break above today’s highs but also the 100 SMA at 1.4477 could attract more upside.

Daily pivot points :

Res:1.4497/1.4455

Pivot: 1.4388

Sup:1.4346/1.4280

Mid Term Fibonacci levels:

23.6% - 1.4205

38.2% -1.4345

50% -1.4459

61.8% - 1.4573

76.4% - 1.4713