hi, this pair previous rejected at 1.277 during 2016 December interest rate hike, now this level is working again, i take it as a strong resistance , and may lead price directly to 1.257. goodluck!
Comment:
since 1.277 was a monthly resistance, lot of ppl must have entered at this price as a speculative trade
Comment:
nicefall , take some profit before FOMC remember
