The rebounding action from yesterday gives near term friendly signals, hinting for a possible bullish reversing turn. Stable action over 0.7634 is near term friendly. However, a close over 0.7664 is needed to secure a turnaround and launch a drive to higher levels 0.7723. If trade struggles to stay over 0.7664 today, be on guard for a roll back lower. A close under 0.7567 will rekindle bear trending selloffs.