seeing price breakout from that resistance...we take profit @ 1.2591
on the hourly time frame, price is moving on a trendline testing it twice and confirming the trend line as a strong support.This time am expecting price to break through the trendline picking the liquidity beneath the trendline....
price will trend to the 123.00 point of the channel. at that point we look for a nice opportunity to go SHORT..
price action just broke out of a bearish flag (channel) waiting for the retest to take a nice short...