This opens the door to this currency pair to advance well above $1.2667, with room to rise as high as $1.2720 without reaching another resistance level.
So, I see the best potential opportunity today as a long trade above $1.2667, but a bullish signal is needed to trigger entry – ideally this would be two consecutive higher closes above $1.2662 during today’s London session.
So, I see the best potential opportunity today as a long trade above $1.2667, but a bullish signal is needed to trigger entry – ideally this would be two consecutive higher closes above $1.2662 during today’s London session.