If this outbreak out of a triangle is meaningful then we should see a move like this. Drop to 1.22 then retest triangle and drop back down. GL
Here is my analysis for next. According to this months candle closing, I can confidently say we will aiming to drop to 1.25 area as shown in the chart. Estimated time to get this target is 1 month. Good luck! P.S macd on the weekly has turned very bearish.