Spot Price: 1.2160
Technical Analysis:
Long taken after prices began to rise out of the 1.2155 intraday lows and 61.8% hourly Fibo support there. Hourlies already based out near oversold. Daily studies are trying to carve out a bullish reversal but need to clear various hurdles grouped near 1.2235 including a 38.2% Fibo, a Parabolic pivot and the July 6 high. Eying the 200-day MA at 1.2300 beyond there.