1.2480 was the recent daily support level and a break back above there is likely to trigger more trailing stops.
Bears can consider selling a failure (wait for an hourly high to form at or below) at this level with a fairly tight stop.
1.2480 was the recent daily support level and a break back above there is likely to trigger more trailing stops.
Bears can consider selling a failure (wait for an hourly high to form at or below) at this level with a fairly tight stop.
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