This currency pair managed to stay above the 1.2600 support for a prolonged time, therefore the pair remains in upside configuration, I've placed a buy above the 1.2916 confirmation level, for targeting 1.326x level (almost 141.4 Fibonacci of the upside movement of 1.2061-1.2916). Stop loss is placed on the 1.2600 support level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.