Spot Price: 1.3797
Technical Analysis:

Prices began their intraday surge after falling back to the 10-day MA line near 1.3725 in Asia, but prices failed to retest either the Aug 6 highs at 1.3840 or the all-time high at 1.3853. Hourly studies are now o/b and correcting, so traders prefer buying dips at this point. Initial support is near 1.3775, with 1.3720-25 key support.

The market strategy is Buy Bounce 1.3775 os seel a failure 1.3840