The following is paraphrased from Danske Bank & Research Team...
Remains in consolidation below Fri's 1.1169 high and 50% retracement level. Further upside seen limited, with nearby resistance at 1.1189 then 1.1237. Support starts at 1.1096, 200-day MA, and break needed to see scope for deeper pullback to the 1.1024 then the 1.1000 level.
View unchanged with intraday trade stuck in consolidation and well-confined within the broader and stronger 1.3120-1.3566 band and with the preceding down move from 1.5018 high dominating, strategy still favor selling into upticks. Below 1.3120 support signals bears back in control.
Retains downside pressure though the .9700 level keeping the downside in check for now. Break will see risk for deeper setback to .9687 support then the .9648/02 area. Upside see lift over .9780 needed to clear the way for retest of the .9837 high then the 200-day MA at .9846.
Setback from the 103.39 high see the downside checked at the 102.00 level so far. Risk now seen for break here to trigger deeper pullback to the 101.41 low. Upside see resistance now at 102.80 and lift over this needed to expose the 103.39 high and 103.55 resistance to retest.