Uptrend Side: The price must break out of the current channel by closing a 4-hour candle above 1.2729, and more importantly, above 1.2808, to pave the way for a potential move toward 1.2936.
Downtrend Side: However, as long as the price remains within the channel and below 1.2808, the bearish trend will remain active, targeting 1.2624 and, subsequently, 1.2530.
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