Main scenario:
The pair is trading along an sideways trend.
An local downtrend is already started from resistance level 1.2750, which will be followed by moving down to support level 1.2630 and then to 1.2515, and if it keeps on moving down below that level, we may expect the pair to reach support level 1.2300.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.2750, which will be followed by moving up to resistance level 1.2815 and then to 1.2960.
The pair is trading along an sideways trend.
An local downtrend is already started from resistance level 1.2750, which will be followed by moving down to support level 1.2630 and then to 1.2515, and if it keeps on moving down below that level, we may expect the pair to reach support level 1.2300.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.2750, which will be followed by moving up to resistance level 1.2815 and then to 1.2960.
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