We've got preliminary signal of price reversal to 1.2560 and above. Though to support it price need to reach 1.1600 at least. Further decline means green 2.1 marker at weekly chart is still not in place and price will probably fall to 1.0500-1.0600 prior reversal to 1.2600. Any way coming week will clear it out.
Still bullish at this time-frame. To trade in long place buy stop order at 1.2560 SL 1.1150 TP 1.2600.
Still bullish at this time-frame. To trade in long place buy stop order at 1.2560 SL 1.1150 TP 1.2600.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.