We could have a possible continuation down to the downside. We could have a quick retracement at the highlighted zone during the push. Most highly anticipated area is below the 1.26039 horizontal ray in the zone. If area doesn't get respected, we could look at the 1.2581 - 1.2557 zone.
If price breaks the 120.394 low, we could have a possible buy on 120.256 - 120.060 zone the or just a bounce of the 120.256 - 120.060 zone and a drop to the 119.930 - 119.775 zone before it finally takes off