Currently the pair is trading at 1138.00. Traders must monitor the 1156.45 resistance level and the support level of 1121.20 for possible breakouts. A possible scenario would be a break of the 1135.70 support level where it may lead to the 1130.30 area and possibly near 1121.00 area. An alternative scenario could be a movement towards the 1140.35 resistance level, where a break may lead back to the 1150.00 area.