currency pair movement [main scenario]
The pair was moving due to the previous forecast and continues to move in the descending trend, Tenkan and Kijun lines are bound above the price, the price is moving below the descending cloud, the correction is being expected. We should buy the pair above the 1,2660 support level, set take profit at these resistance levels - 1,2680, 1,2700, 1,2735.
currency pair movement [alternative scenario]
If the pair succeeds to break through and get fixed below the 1,2660 support level, in such a case the further descending movement till these support levels - 1,2635, 1,2600 is very possible.
LEVELS
Resistance:1,2680; 1,2700; 1,2735.
Support:1,2660; 1,2635; 1,2600.
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