Having multiple retests in the 1.2900 zone, we expect to see a drop in the short/medium-term direction.

We've set the sell stop order at the low of the latest candlestick retest.

Our first target will be near 1.2840 to adjust our stop loss to break-even. The second target will be near the long-term ascending trend line.

And least but not least the stop has been set just above the resistance zone.

Happy banking!
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