The price faced a support at 1.0673, so we’ve got a local upward correction.
However, bears are likely going to move on. In this case, we should keep an eye on the next support at 1.0636 as a possible intraday target.
Also, there’s an opportunity to have a bullish correction afterwards.
It’s likely that a kind of a bearish pattern is developing on the one-hour chart. Therefore, the pair is likely going to achieve a support at 1.0636 shortly. If we see a pullback from this level, bulls will probably try to test a resistance at 1.0710 – 1.0744.
Origin: FX BAZOOKA
