€$ ...continued Friday 25th June midday

For the moment price seems to have found support just above 1.2250......I suggest that price will be channelled along into the pocket of these two dominant reaction lines for a breakout either way. I still have some hope for the upside but nothing would surprise me and i would only buy a convincing breakout of the downsloping RL if price goes on to make new highs and take out
1.2390/1.2400 level.