The rejection at 1.3400 last night was quite significant. 1.3400 proves to be the next resistance level. A move up thru there will see the recent highs above 1.37 tested again. On the downside 1.3218 is the 100 day MA. We need a close above that level tonight for the bullish run to continue otherwise we face a retracement back to test 1.3100-20.