
Spot Price: 1.3625
Technical Analysis:
We exited our latest long trade after an o/b bearish divergence on the hourlies and a ltd breakout beyond 1.6625 prior highs soured the short-term outlook. The all-time peak at 1.3685 remains the primary upside objective, but we see scope for a pullback on the hourlies we can use to buy more cheaply. Support is at 1.3595/75 and 30
The RSI is pointing up but is in the o/b levels.
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