The overall picture suggest the pair may go 1.2395 area, however, short-term we may get a pullback towards 1.2730. The stochastic is low and RSI is NEGATIVE and not very low.
I feel we may attempt to BUY @ 1.2557 and place stop-loss below 1.2477 and take profit @ 1.2717. For longer play SELL @ 1.2720-1.2750 area and place stop-loss above 1.2945 and take profit @ 1.2467.
I feel we may attempt to BUY @ 1.2557 and place stop-loss below 1.2477 and take profit @ 1.2717. For longer play SELL @ 1.2720-1.2750 area and place stop-loss above 1.2945 and take profit @ 1.2467.