Positive overnight flows lead to an expectation of a firm open this morning. Trading within a Bearish Channel formation. We have a Gap open at 1.2389 from 28/06/2019 to 30/06/2019. Although we remain bearish overall, a correction is possible without impacting the trend lower. Preferred trade is to sell into rallies.
We look to Sell at 1.2485 Stop: 1.2525 Target 1: 1.2405 Target 2: 1.2340