Main scenario:
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1250, which will be followed by reaching resistance level 1285.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1232, which will be followed by moving down to support level 1206.
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1250, which will be followed by reaching resistance level 1285.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1232, which will be followed by moving down to support level 1206.
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