Spot Price: 1.9770
Technical Analysis:
The 4h candle closed beneath the lower bolli referring to a continuing of the down trend.
The RSI is at the o/s levels.
Heavy slide in prices once the 1.9900 support gave way earlier today. 1.9800 has since been removed despite o/s hourlies in tow, as most dailies have rolled over again. Little late for a short without benefit of at least an intraday bounce to improve risk v reward ratios. 1.9800 and 1.9845-55 are first rsst and sell spots.