The pair is still trading in the range, but it managed to form a higher bottom at 1.07876 levels and rose to the upper boundary of the horizontal range at 1.09151 levels, and therefore if it fails to break it, the drop will be to 1.08450 levels, then 1.07876 levels, but if it manages to break it, it will be the target for the rise. It is 1.09411 levels.