Since May 17, the previous downside movement within the depicted bearish channel was paused allowing the recent sideway consolidation range to be established between 1.2750 – 1.2570 with a prominent key-level around 1.2650. On June 4, temporary bullish consolidations above 1.2650 were demonstrated for a few trading sessions. However, the price level of 1.2750 (consolidation […]