For intraday pip jockey’s, we’ve just put in a double bottom on the short-term charts suggesting a rebound to the 1.3215 area (about where today’s slide began).
We’ve also just retraced about 38.2% of the intraday dip from 1.3235 to 1.3131.
1.3180/85 could be a tough hurdle to clear, but if it does, it should be good for a quick 30 pips or so…
