Despite oversold in 4 hours charts, pair seems ready to extend current bearish movement; key support lies at 1.3485 area, so an acceleration trough that zone likely signal a retest of 1.3440 yearly lows ahead of 1.3410 zone. Upside seems limited by 1.3545 static area. If pair manages to regain that area, upside correction could extend close to 1.3610/20 area, in the next sessions.
