• Traders are long at 1.2518 for 1.2650 while their stop is 1.2415
  
  
• Tenkan & kijun lines are aligned positively, reinforcing upside potential
  
  
• Medium-term picture is bullish as 1.2286 intact
  
  
• 1.2286 - 23.6% retrace of the 1.0620 to 1.2800 up-leg