
Spot Price: 1.3415
Technical Analysis:
We booked profits on the long trade after a second run into the 20-day MA and Jun 7 low at 1.3420 came up short. We remain bullish and hourlies are pointed higher while only slightly o/b, so we will look to buy either a pullback or a breakout beyond the 1.3420. The daily chart is bullish after Friday"s reversal close.
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