Stop hunt spikes near 1.2250-1.2310 handle is possible since the speculative sentiment index is around 20% and price is consolidating in a 100 pip rage. Upside breakout is unlikely with lack of catalysts- data numbers and holiday. An eventual test to 1.1975-1.2050 area in possible before any further gain.
Trend : Range Signal : Short Scalp 1.2250-1.2310 Stop Loss : 1.2360 Target : 1.2150-1.2050
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