There are three different supports to look at downwards: 0.99421, 0.98382, 0.97390.
While breaking the psychological level of parity might be not probable, the Risk-Reward-Ratio in this case looks really appealing.
A factor of risk is the shown in the last month or so having the price just range in the area 1.006 to 1.025 - 1.030 which makes a bounce even more probable.
Prices are relative to chart and may vary with other brokers/platforms.
I discuss always discuss and follow up these ideas on my blog.