The general trend is upward. The support level of 1.2672 holds back sellers. Breaking through the price pivot zone 1.2765 will result in the formation of an upward pattern as part of the overall upward trend. Awesome Oscillator indicator also shows a bullish divergence, while the Stochastic Oscillator indicates the exit from the oversold zone.
Trading recommendations:
Buy above 1.2765.
Stop loss - 1.2672.
Target levels - 1.2878; 1.3000.