1.2979 USD, traders with an aggressive trading strategy
1.2979 USD, traders with an aggressive trading strategy could consider a sale.
A cross of the support located at 1.2873 USD
would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish.
Sellers would then use the next support located at 1.2810 USD as an objective.
Crossing it would then enable sellers to target 1.2681 USD. If the resistance 1.2979 USD were to be broken
this would simply be a sign of possible further short-term consolidation
and trading against this trend would then perhaps be more risky.
A cross of the support located at 1.2873 USD
would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish.
Sellers would then use the next support located at 1.2810 USD as an objective.
Crossing it would then enable sellers to target 1.2681 USD. If the resistance 1.2979 USD were to be broken
this would simply be a sign of possible further short-term consolidation
and trading against this trend would then perhaps be more risky.
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