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The pair is trading along an uptrend.
The uptrend may be expected to continue while pair is trading above support levels 1.2300 - 1.2230, which will be followed by reaching resistance level 1.2520 and 1.2690.
An downtrend will start as soon, as the pair drops below support level 1.2230, which will be followed by moving down to support level 1.2230, 1.2155, 1.2055, 1.2000.
Supports: 1/2300, 1.2230, 1.2155, 1.2055, 1.2000
The uptrend may be expected to continue while pair is trading above support levels 1.2300 - 1.2230, which will be followed by reaching resistance level 1.2520 and 1.2690.
An downtrend will start as soon, as the pair drops below support level 1.2230, which will be followed by moving down to support level 1.2230, 1.2155, 1.2055, 1.2000.
Supports: 1/2300, 1.2230, 1.2155, 1.2055, 1.2000
Resistances: 1.2420, 1.2520, 1.2690
