As long as the parity does not exceed 1.2370 in the short term and 1.2480 in the broader picture, increases may provide a selling opportunity. The 1.22 region should be monitored as support below.
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Resistance | 1.2370 | 1.2400 | 1.2480 |
Support | 1.2250 | 1.2200 | 1.2150 |