the pair is trading near a critical level that suggests the end of the fifth and final wave of an impulsive wave. the lower band of this area is 1.2360 and might extend to reach 1.2410. im not saying that the bullish trend is over however a corrective pullback is expected before a continuation might occur. im looking closely to short this pair from 100% fibo expansion by uising the five final legs. good luck !!
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