The overnight high at 1.3698 did briefly spike through some important resistance levels but given that liquidity was poor, I would still consider these levels to be relevant. The 38.2% retracement of 1.4540/1.3145 is at 1.3680 and there is a prior high at 1.3690; bears can sell ahead of there with tight stops just above 1.3700. Support should now be firm at 1.3525, which was the previous short-term resistance level, and bulls will be keen to buy close to that level. I’d suggest playing this range with a neutral bias; bullish s/t but bearish m/t.
