Using basic price action analysis, I believe that uptrend are very much intact and now price are making small index. Previous low not yet breached and now price are going higher.
Refer to chart to see key support and level.
Happy trading.
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Price can still go lower until 1.21812 and retrace from there. If go lower, price might testing the trendline and go higher.
However, if not break price will go higher and testing resistance level of 1.25247.