Spot Price: 1.3670
Technical Analysis:
Short trade rebounded from just ahead of the Aug 2 low at 1.3650 as oversold hourly studies corrected a bit. The prior up TL fm trend lows at 1.3715 then rebuffed the AM rebound. We have lowered the stop to beyond that TL. Dailies are beginning to roll over again as rising vols force more stagnant longs out of the market. Cover another bounce near 1.3655.