Technically the longer term trend is Bullish. However one more low around the 1.26000 may be visited first before higher. BUY @ 1.28660 with tight stops of 30/40 pips looking for the 1.30000 area to be breached. Failure below 1.28500 SELL STOP with 30 pip SL for a target of the lows
(1.27500) and possible 1.26000
(1.27500) and possible 1.26000
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