Spot Price: 1.9700
Technical Analysis:
Short taken as prices again retested the 100-day MA line and hourly highs from Fri and today near 1.9700. Tight stop and looking for the hrly low at 1.9650 to be retested next, but 1.9675 held latest dip. Daily studies are pointed lower with ADX rising in confirmation. Ultimate target is the Mar 30 low and 61.8% of 1.9185 to 2.0135 at 1.9545.