The pair dropped towards the target and support of 157.25-65 and managed to rebound again.
The market is still holding a trading zone with resistances around 160.20 and 161.95, where each resistance could lead to a correction toward the 157.25-65 zone.
Above 161.95 the market could enter a new uptrend wave with the first target toward 163.80.
Below 157.25 more of a drop toward 154.00 is expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 157.25-65 | 160.20 |
| LEVEL2 | 155.60 | 161.95 |
| LEVEL3 | 154.00 | 163.80 |