This is maybe a B in my book, I'm testing an idea out using a demo account thats why I took a B trade.
Not a whole lot of resistance above, which I marked on the chart.
With a break of the .618 fib level price may run down to the 1.2652 level fast, only to be supported by the 50ma, 20ma and the 50% fib level.
Just an update:
I am revising my initial target to the .50 fib level, then moving stop to breakeven. Letting the rest of the position run to my original targets of 1.2630 & 1.2610.
Feedback is welcomed and wanted. Thanks