Spot Price: 1.2313
Technical Analysis:
Traders booked profit on the long trade after the breakout beyond the 1.2260/1.2310 range top ran into Fibo resistance at 1.2340. The 1.2310 prior range top is now support and we will buy a bounce from there or a 1.2340 breakout. Daily studies are trying to swing around into new buys. Hourlies are above midrange. 1.2430 is next upside target.The market strategy is Buy at 1.2310