We still expect a decline closer to the support line near 124.00 before a faster corrective rally can occur.
In a short term, a break below 126.36 will confirm the expected downside pressure towards 124.00.
Resistance is now seen at 127.36. This resistance will protect the upside for the break below 126.36.
Short positions are recommended at 126.10 looking for a move lower to 124.00.