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Expect a rally towards 1.2503 and may break even higher. If this level should be broken to the lower side, then we expect a possible momentum to the lower side with our target being 1.2194. A break below 1.2320 will push the price further to the lower side with the next target being 1.2194. Wait for a possible buy position around 1.230 towards 1.2503.

Once corrected up to 28.14, it is expected the market will move higher towards resistance area is 28.60 to 28.83. Supports / resistances R3 29.0900 R2 28.9600 R1 28.8100 S1 28.1500 S2 28.0200 S3 27.8600

Current upmove will not end until around 0.9562 to 0.9570 as the recovery of a correction to the fall from 0.9473 to 0.9447. Decline below 0.9600 will abort the expected recovery. Supports / resistances S1: 9448 m S2: 9384 m S3: 9273 m R3: 9840 s R2: 9700 s R1: 9570 s