Spot Price: 1.9795
Technical Analysis:
We booked profits on the short after it found support at 1.9770, the 61.8% Fibo. We stand ready to sell again on a break below there despite o/s hourly studies because, weekly charts are top-heavy, reinforcing the daily downtrend. Target on a new short would be the Apr 9 swing low at 1.9590. Looking to sell rebounds that stall into 1.9845.