Tuesday close above 10DMA could prove significant

A close above the 10WMA could trigger a reversal

A long lower shadow to the Tuesday candle another bullish indication

Major range breaker levels at 1.2411 and 1.2723, both 50% Fibos

We change our leaning to bullish but will wait for a breakout

Weeklies show a 1.2433 to 1.2666 range within the Fibos

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