The level of 1.1260 is really important for the parity. If this level is broken, the upward trend may be strengthened and see buyings firstly through 1.1325 and then the 1.1450 resistance.
If the pair does not break the 1.1260 level, the target point will be 1.1000, which is the bottom point of the channel.
If the pair does not break the 1.1260 level, the target point will be 1.1000, which is the bottom point of the channel.