This pair is being contained by the 100-day and 200-day SMAs, currently at 124.72 and 133.35. We are trading towards the top of this band so the outlook is very cautiously bearish. A break and close on the topside may well lead to a sharp spike higher. The hourly trend is bullish but looks to be trying to form a rolling top. S/T support should be found around 130.50 whilst s/t resistance is at 132.35.