I highlighted bids at 1.5380-85 earlier and noted that 1.5425-30 should be pivotal for the day's trading, and so far we're playing that game
Support around 1.5430 were a decent obstacle and now we've cleared those we can expect the area to be decent resistance, intra- day at least
Low so far 1.5383 and high on the rally of 1.5420 ( twice) would bear this out so far
Support/resistance.. Forex doesn't have to be rocket science
I will keep selling rallies and we should expect a break of 1.5380 to trigger further falls to larger overall support into 1.5350
