Signs of a new uptrend on the lower time frame are showing possibility of price moving toward the 1.2850 price area. Price has respected support on the weekly time frame indicating possible push for an uptrend. The potential setup remains valid if price stays above 1.2690 price area.
Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources
Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources