Need for more correction

After twice failures to pass through 1257,50 it became a resistance here in short term view.

Because of the failed recoil under 1250 friday afternoon it construced some kind of short term uptrend with one of last weeks lowest values at 1241.

The need of technical correction supports the idea for more upside movement.

Long @ 1258
SL: 1252
TP: 1269