Well, well, it seems that the price got pretty close to our target at 1.2687 and was rejected. At this point a consolidation is in place between 1.32 and 1.30. A break over the resistance could get the price back to 1.3430 (or retest the broken trend line
), but if the price will fall under 1.30 we might see a drop back to 1.27. Cheers !!!