Our Analysis:
While the price is below 1.2700, follow the recommendations below:
Time frame: D1
Recommendation: short position
Entry point: 1.2574
Take Profit 1: 1.2520
Take Profit 2: 1.2400
Alternative scenario:
If the level 1.2700 is broken-out, follow the recommendations below:
Time frame: D1
Recommendation: long position
Entry point: 1.2700
Take Profit 1: 1.2850
Take Profit 2: 1.2915