If Price close below 1.2500 then it may become consolidation area for a while. Price break above 1.2500 may become short opportunity if ADR still applied. There is high chance of wick above price level for tomorrow play.
If price close above 1.2500 only look for long setups as price close above the key level and may target the next key level.
If price close below 1.2420 which is highly unlikely it is probably a shift to a very strong bearish sign.
The most high probability scenario is price may close inside 1.2420 and 1.2500 zone for next days.
If price close above 1.2500 only look for long setups as price close above the key level and may target the next key level.
If price close below 1.2420 which is highly unlikely it is probably a shift to a very strong bearish sign.
The most high probability scenario is price may close inside 1.2420 and 1.2500 zone for next days.
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