On the short term it might make a sligh pullback. Looking at the stochastic and RSI it is overbought, also a bearish crab is spotted on the 1 hour chart. in the long term however i think we are 3rd Elliott wave. Target: 1.21 (50.0% level on weekly fibonacci) Stop loss: 1.225
Note
Remember: this MIGHT only happens if the break through 1.22 wasnt real.
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