There’s a bullish “Thorn”, which led to forming a new local high. The main intraday target is the next resistance at 1.3278 – 1.3298.
Meanwhile, if a pullback from these levels arrives afterwards, bears will probably try to reach another support at 1.3238 – 1.3213.
Bulls have broken the local downtrend line, so the price is rising. It’s likely that the pair is going to achieve the next resistance at 1.3278 – 1.3298 during the day. This area could be a departure point for a bearish correction in the direction of the closest support at 1.3238 – 1.3213.
