The short term trend remains down, but trade is fighting to hold and rebounded off the 0.9039 target. Market action alerts for a potential bottoming turn. We may see dips around 0.9039, but a close under 0.9030 is needed to renew bear pressures. A close over 0.9148 (SAR) alerts for a short term bottoming turn.

R2         0.9125
R1         0.9100

S1         0.9064
S2         0.9039