Spot Price: 1.2295
Technical Analysis:
Longs are in play again but we are yet to see the bounce. 1.2285 has stalled losses intraday but oversold levels are tested on the hourly charts and rebounds loom. The daily charts however are rolling over against the long trade so caution advised. Will look to flat failures for any profit if given the chance. Stops close below 10-day at 1.2280