In the hourly chart, the cross has been forming a bearish h&s pattern with lower low and lower high. After the Spain retail sales data, the cross unable to breach the shoulder placed at 134.92, high made at 134.87. Immediate resistance seems at 135.00 200dsma in the h4 chart.
If the cross sustains above 135.00 the buying opportunity opens for target at 135.20, 135.40 and 135.80.
A daily close above 135.00 the bulls might aim at 135.80, 136.00 and 136.50 in the extreme case.
Selling opens below 134.40 targets at 134.20 and 134.00 . Real selling opens below 133.90 targets at 133.50. Past 1hour the cross has been making bottom around 135.00 levels