An hourly high at 1.3215 has been breached but progress is slow and orderly and a high at 1.3221 has been posted. Dealers expect any dips back towards 1.3170 to meet with plentiful support. Any rallies towards range highs at 1.3300 are also likely to attract plentiful supply, so we may need some patience as the market figures out its comfort zone. Next hourly highs are situated near 1.3280.