The potential for bearish trend continuation.
This zone runs from 1.2960 up to 1.3000, and a hold of resistance here can open the door for bearish strategies with stops above 1.3020. Target potential could remain around the same 1.2900, 1.2829, 1.2783 and, longer-term, the 1.2671-1.2721 zone.
This zone runs from 1.2960 up to 1.3000, and a hold of resistance here can open the door for bearish strategies with stops above 1.3020. Target potential could remain around the same 1.2900, 1.2829, 1.2783 and, longer-term, the 1.2671-1.2721 zone.