There might be a move down to complete a (x) Wave.
Possible strong down move today. Price might push up to the 1.2550 but I am not expecting that now.
Looks like price wants to retest the top, and start the down move again. MACD still divergent.
Possible move for today. - Waiting for price to reach my moving average, - Expecting a move up to reach the top or break the top slightly. - then start looking for the bigger down move
While a lot of traders believe this is the start of the move down, My expectation is one more move up before the stronger move down.
Possible move for today. Price to break the top and start to look for the down move.
Possible move for the day. Arrows shows direction, not the timing of the move.