Spot Price: 1.1970
Technical Analysis:
The 10-day MA has marked another daily top, today near 1.1995, triggering a brief dip to 1.1960. Dailies still working off Mon"s failed attempt to retest the M-T channel bottom, with prices now closer to the channel top at 1.2030 than the bottom at 117.60. Dailies are firming but need a close above the 10-day MA to gain traction.