Spot Price: 1.9750
Technical Analysis:
Prices have probed the lower Bolli band support at 1.9735 today after making new trend lows below 1.9750. Hourlies remain bearish, as do dailies, but both are hovering near o/s readings again. Prefer to sell another failed rally into 1.9790 to improve risk v reward given support at 1.9710 and the channel bottom at 1.9690 today.
The MACD is after a bearish cross.