a break of 1.2475-80, can be bearish for the pair - a move towards 1.2360. Else if it respects rising wedge, then back to 1.2550+ possible.
Note
and post the break of 1.2475, we saw a drop to 1.2379 :)CMP 1.2464, below 1.2475 is still bearish
Note
...and bearishness continues:)
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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.