
Spot Price: 1.3624
Technical Analysis:
Prices are being hemmed in ahead of Friday"s 1.3640 high today as the daily uptrend consolidates the hectic gains scored on June 29 and July 2. Some o/b bearish divergence risk has arisen from last week"s advance, thus the short. The 1.3685 trend high is reinforced today with the 1% MA env top and the Bolli top at 1.3695 - call 1.3700 the overhead breakout point. The market strategy it Buy at 1.3605
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