Don’t want to give up the long side just yet. Long again on 1.2650 since the upmove currently is gaining traction and broke the declining hourly trendline. RSI near oversold and close to strong support at 30, which is supporting the trade. Stop tight at 1.2615 since any break below the declining trendline would call for a retest of 1.26. Target is 1.3240.
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