We expect minor correction to the upside before the pair falls to 1.23500 The pair is in no way bullish and any correction to the upside should be an opportunity to add more sell entries. The pair is still within its descending channel and we expect it to reach highs of 1.24300 before falling to 1.23500 Buy Entries should be placed above 1.25500 & Sell entries below 1.24500