Last week there was a change of mood on the main currency pair. Price could be fixed below the moving average near 1.3050, which is currently a significant drag. At the same time, the image fractal structure suggests the possibility of further reducing 1.2750/800 early in the week. Evidence of such reduction will be consolidating below 1.2900, while the abolition of the script will rise above 1.3050 support.
