Nothing significant happened during the past trading day in the trading pair under consideration. Apparently, the development of correction continues, although the price is again trying to reach the local maximum.

It seems that this plan of buyers will not be realized. A decline is expected in the near future, perhaps it will be part of the forming correction, but there is a need to move to the local minimum.

Then we can try to use it by starting to sell at 1.2725 with the target near the low of the current year – 1.2610.

The potential of movement is small, but while volatility is reduced and it will be quite enough in the current situation.

Recommendations: Sell 1.2725, SL 1.2740, TP 1.2610.