This is just update on the previously published chart:
Friday market nearly reached target of the 4 hours chart at 1.2808. There is a possibility to bounce back up from current levels to 1.2900~. To see completely positive market, price should go above 1.3000. Turning down again from the 1.2900 is no good for bulls and most likely support at 1.2800 would not hold.
Closing below 1.2800 on the daily chart, opens possibility for the first target.
Closing below 1.2800 on the daily chart, opens possibility for the first target.