Spot Price: 1.2035
Technical Analysis:
Short trade stopped out after the string of five consecutive lower daily highs was broken by today"s high above yesterday"s 1.2050 high. 1.2085 Since capped and prices have fallen back below support at 1.2050, where numerous intraday hourly highs were recorded over the past day or so. 1.2025 is next support. Hourly’s down at midrange