As always, a break above resistance will require confirmation to argue that the pair may reverse its downtrend which began in mid-April. Immediately above resistance though is a range where the pair was unable to push above in early June. The outer boundary of this area is the June 14th high at 1.1852. Getting above that opens the door for a lasting reversal. Meanwhile, a break below support exposes the 50% midpoint of the extension at 1.1400.