Pullback before going higher again
Two pin bars indicate near term bearish pressures likely. A retest of the support zone 1.2350-1.2300 is possible, but will look for the bullish wave to resume from there. Targets at 1.2650 and 1.2820. Stop could be placed below 1.2160.
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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.