The pair rebounded to the upside, taking advantage of the 1.2700 support level, which tested the resistance at 1.2780, on the technical side. With the resistance below the mentioned resistance, which meets the SMA 50 days and the technical structure shown on the chart, Retest 1.2700 keeping in mind that a break of 1.2680 extends the pair losses and paves the way for a visit to 1.2600 and to achieve the suggested scenario should not break the 12810.
Support levels: 1.2705 -1.2645- 1.2600
Resistan…