Price at resistance and form a trench.
I am seeing possible downside as price is unable to close above 1.28350
Breakout of either way would trigger a trade till the next zone.
Price could not close above trench - 123.350
Structure analysis is bullish.
A better bet would to wait a clear breakup higher then trade on the rt
If price break down, a retrace till 120.3 would be possible.