On the downside, an immediate upward slanting TL mark of 1.1290 and the 1.1250 can confine the pair’s decline for the time being, failing to which can drag the quote to channel support of 1.1180. Given the pair declines below 1.1180, it’s fresh downside towards 1.1080-70 becomes imminent.
Trade closed: target reached:
Target 1.12202 trade close in good profit.