Weekly looks like there is still scope for more upside at least to 1.2535. (38.2 retracement of large down move)
Price just turn in from oversold.
On the daily, price has been moving in a channel, we are now, butting against resistance. Overbought.
On H4, shallow retrace with resistance above. Look to long at dips to
1.2460. Overbought.
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