The price is in the middle of the range from yesterday’s low to today’s high (at the 1.31047 level). The price remains above the 100 hour MA at 1.3087. The close from yesterday comes in at 1.3080. I would expect some profit taking buying against the area with stops on a move below 1.3080.

On the topside a move above the 1.3131 has resistance next at 1.3143 (high from yesterday) and the high for the day at the 1.3156 level.