
Spot Price: 1.3505
Technical Analysis:
Gains scored to begin the week retraced a bit today, weighing on the long trade from yesterday, but for a second session we have seen prices hold above the 20-day MA line. Our stop is below the 10-day MA at 1.3460 and the 61.8% of 1.3395/1.3555 at 1.3455. Hourlies are rebounding fm o/s into the close. Most dailies are bullish and not yet o/b.
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