Been watching this for some time looking for a bounce. Bounce came two days ago. Now that it has closed above the 21 and 50 EMA I believe it is changing directions. Predicting a long up to 1.29 if this new trend is establsihed. May go above the 1.29 but it has broken down at that point before so to be safe could take most profits at that point (or stop loss if it doesn't work out)