Target: 1.2400
Risk: 1.2550
Technical reasons:
The important support line at 1.2550 is broken, to open the way to visit our next target at 1.2400.
The negative pressure continues, and we might reach 1.2000 on the short term basis, while surpassing 1.2550 will push the price to achieve gains that reach 1.2900.
Risk: 1.2550
Technical reasons:
The important support line at 1.2550 is broken, to open the way to visit our next target at 1.2400.
The negative pressure continues, and we might reach 1.2000 on the short term basis, while surpassing 1.2550 will push the price to achieve gains that reach 1.2900.