
Spot Price: 1.3760
Technical Analysis:
Uptrend today has run into the capping up TL off the Jun 18 high, now at 1.3790. Latest hourly dip reversed ahead of the 1.3730-35 o/n base and trend highs eyed again. Dailies are heavily o/b but no sign of a reversal just yet. Fibo projected top at 1.3820 is the last hurdle ahead of the rarely exceeded 2% MA envelope top at 1.3895.
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