Recommendations: Long positions above 1.3277 with 1.3330 & 1.3370 as next targets.
Alternative scenario: The downside breakout of 1.3277 will call for a slide to 1.3230/1.3180
Description: The pair finds support at 1.3277. As long as this level holds look for further upside gains with risk towards 1.3330/1.3370 levels. A 30 min close below 1.3277 will reverse risks to the downside towards 1.3230/1.3180.