Main scenario:
The pair is trading along an sideways trend.
An uptrend will start as soon, as the pair rises above resistance level 1236, which will be followed by moving up to resistance level 1251.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1218, which will be followed by moving down to support level 1208 and then to 1200.
S/R levels:
Supports: 1223 (strong), 1218 (main), 1208, 1200
Resistances: 1236 (strong), 1243, 1251
The pair is trading along an sideways trend.
An uptrend will start as soon, as the pair rises above resistance level 1236, which will be followed by moving up to resistance level 1251.
Alternative scenario:
An downtrend will start as soon, as the pair drops below support level 1218, which will be followed by moving down to support level 1208 and then to 1200.
S/R levels:
Supports: 1223 (strong), 1218 (main), 1208, 1200
Resistances: 1236 (strong), 1243, 1251
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