
Spot Price: 1.3740
Technical Analysis:
We covered the short trade close to cost. The break back below the 20-day MA line at 1.3755 bottomed at 1.3735 or so with o/s hourly studies prompting a rebound. After Monday"s failed attempt to retest the all-time highs at 1.3853 we are a bit shy about the buy side. Dailies are conflicted but ADX is trend-ready. Sell a 1.3780 failure.
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