Price been in long term downtrend for months. After a deep pullback it looks like price is on course to moving lower and putting in a potential lower low long term at 1.2360.
Nearer term downside targets are 1st 1.2590 2nd 1.2520 3rd 1.250 and if that breaks then 1.2360.
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Targets 1 & 2 achieved still anticipating 3rd downside target to be met once price breaks out of weekly range