Spot Price: 122.38
Technical Analysis:
Prices cleared Monday"s 122.20 high and 61.8% Fibo there as the daily downtrend continues to lose momentum and study backing, but prices need to clear and close beyond 122.60 to confirm a new uptrend. Minor resistance from the Tenkan line near 122.35 was overcome but o/b hourlies are weighing at the close. 122.10 is a dip buy on a bounce.

The market strategy is: Buy at 122.10