• Need to go to the weekly chart for major support levels; a previous weekly low at 1.2585 and important trendline support all the way from .8315 through 1.1875 which comes in near 1.2525
• Market is presently trying to confirm a daily close above previous lows at 1.2660 so this level could be pivotal in short-term
• If this close can be confirmed, short-term resistance levels at 1.2880 are likely to be tested