I have been triggered into the trade by the first order at 1.2575.
I am short 0.5%
Price has now broken down and made a new low through 1.2556.
I have moved the stop to break even to eliminate the risk on this position.
Chart below:
I will leave the stop at break even tonight and trail the stop down for as long as is possible.
I have a target of 2.5% at 1.23875 my Limit order is in place to take me out of the trade should price move down to this level.
I will update again tomorrow morning.
Have a great evening
Best Regards
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