Preference: Long positions above 1.3735 with targets @ 1.383 & 1.389 in extension.
Alternative scenario: Below 1.3735 look for further downside with 1.369 & 1.364 as targets.
Comment: the pair remains on the upside and is approaching its previous high as the RSI is well directed.
The red lines are the supports, the green lines are the resistances and the blue line is the pivot point (the key level where we would turn bullish from bearish, or bearish from bullish). There is no one-way for calculating our supports and resistances. We favour the use of Fibonacci levels (either via a retracement or a projection), along with classical technical levels (gaps, horizontal lines, etc.). The choice will depend on the current market configuration.
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