This pair is looking very oversold on the weekly chart, ADX close to 68, Stochastics chart very low again showing large oversold and enough of a distance from the Ichimoku cloud to warrant some reversal. The correction I see reaching 1.3348, where it would find first resistance. A close on the weekly chart above this level may give way to more of a correction, next resistance I see at 1.3833 which is the weekly Kijun-Sen line or Base line. Daily Chart also showing big signs of oversold with ADX at 69 and Stochastics also very low.

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