The market is signaling a short term turnaround and hints for rallies to 1.2910. Near term action is pulling back into a correction, cautioning for a slip into basing congestion at 1.2810. Only a close under 1.2782 rekindles bear trend forces. A bounce off 1.2910 and complete retracement of Monday’s range will rekindle bull trending action.

R2        1.2910
R1        1.2868

 
S1        1.2824
S2        1.2782