We can see from the daily chart a bullish channel that prompted the pair to correct the fibo 38.2, marked from 1.5142 to 1.4217. If it doesn't retrace anymore, the pair will break the base of the channel, seeking 1.42, targeting 1.4124. On the other hand, if it seeks the fibo 50, that coincides with 1.469, the price will climb to the upper part of the channel.