Close to us here on the topside the 1.2950 level has sellers. A quick look at the chart will confirm the importance of this level:
Higher, 1.2970 again, then 1.2985/90.
On the downside the rally has cleared out much of the interest, there is buying to be done around 1.2885, but closer in to the market is a bit more murky; 1.2915/20 on the short-term should have buyers.