The following is paraphrased from Danske Bank:
Backed off the 1.1234 high though upside stays in focus and see scope to target the 1.1300 level to extend the strong up-leg from 1.0952 low. However, intraday tools still stretched and caution pullback to the 1.1180/55 area. Would take break here to trigger deeper pullback to 1.1119/00 area.
Pressure stays on the downside following rejection from the .9700 level to reach .9634 low. Below this will see scope to the .9600 level then the trendline from the May low at .9585. Would need bounce to regain the .9700 level to ease downside pressure and see stronger recovery to retrace the drop from .9950 high.
The downside still vulnerable and risk is seen for break of the 100.68 low. Below this will see extension to target the 100.00 level then the 99.02, Jun low. Upside seen limited and only lift above the 102.00 level will ease downside pressure and see stronger recovery to 102.68/83 area.
Remains in consolidation above the 1.0790 low though the upside still limited below the 1.0839 high. More ranging action seen for now within this area though the downside still vulnerable. Would need lift above the 1.0839/59 area to clear the way for return to the 1.0900 level. Below 1.0790 will see deeper setback to 1.0777 and 1.0716.
View unchanged with renewed strength triggered by strong rally last session above 1.3300/15 hurdles and eyeing the daily resistance line at 1.3424 and break will help garner stronger momentum to 1.3481 then 1.3534.
Slightly exceeded the .8491 resistance but upside was checked at .8493 high. Rejection there see pressure returning to the .8400 level. Below this will see deeper setback to the .8380/50 area and where break will see return to the .8300 level then .8251 low. Minor resistance now at .8450 then .8493 high.