
Spot Price: 1.3681
Technical Analysis:
Monday"s rally ran into the 21-day MA at 1.3725 highs o/n. Prices since have broken intraday support at 1.3690. Hourly studies have fallen back from o/b readings to o/s ones. Dailies bearish. Prices need to clear and close above 1.3755, the 10-d MA, Jul 27 hi & TL off 1.3853 for a reversal, otherwise the 1.3610 trend low is vulnerable.
The market strategy is Sell at 1.3725
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