Technicals: We could see a revisit of 1.27 for the pair to form a reverse head & shoulder. However, if the 1.27 support doesn't hold, the bearish momentum could continue towards 1.23
- For those who make overnight interest gains in a bearish position: You can consider shorting at 1.2839 and TP at 1.2704
- Bullish idea: Wait for a confirmation of the reverse H&S and BUY at 1.27 TP: 1.31 and 1.33