The pair broke the up level of the inside downtrend channel and it seems that the target will be 1.26220 - 1.26306 area (the up level of the outside downtrend channel, fibo retr. 0.618 and wave v of (v) of 2).
Note
Key level:1.20924
Note
Long opportunity.It's likely wave iv has been formed.
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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.