At the moment we are seeing a correction on the chart after a sharp fall. Our technical indicators are still in the negative zone and indicate a sale.
Now the pair is in the range of 1.2690-1.2790, we believe that the downward movement will continue and the pair will again test the 1.2690 mark. Therefore, we advise you to look for points to enter short positions and consider the above mark as a target. It is also necessary to take into account that the pair can continue the correctional movement to the upper boundary of the specified channel and therefore it is worth waiting for confirmation from the technical indicators.
Now the pair is in the range of 1.2690-1.2790, we believe that the downward movement will continue and the pair will again test the 1.2690 mark. Therefore, we advise you to look for points to enter short positions and consider the above mark as a target. It is also necessary to take into account that the pair can continue the correctional movement to the upper boundary of the specified channel and therefore it is worth waiting for confirmation from the technical indicators.