We was expecting a change of character and a down trend from 1.24401 to 1.08060.
The down trend started and broke structure(demand) at 1.8431 and there was a a pull back that moved and broke and the 1.24401 structure (supply) making a new high at 1.26808 and changing the trend from downtrend to uptrend.
Now for price to full form the uptrend properly it must...