Spot Price: 1.2160
Technical Analysis:
Short in play but some concern about the hourly bullish divergence scored with today"s spike to just below the lower Bolli band. Tight stop a bit vulnerable, although hourlies are now above midrange again alleviating some of the buying pressure. Dailies are bearish, but CCI is o/s. Market looks destined to eventually test key supports at 1.2125.