Trading Idea: Primary trade will be to look for opportunities to short below 1.2700 with targets at 1.2675, 1.2645, 1.2615 and 1.2585 for 115 pips profit.
In general I am looking for shorts below 1.2700 and I'm short-term bullish above 2700. A threat to the trade is a possible wedge consolidation pattern that could form if 1.2630 is not broken to the downside.
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