Spot Price: 1.2405
Technical Analysis:
Short trade holding close to 1.2390 support that has held both days this week; that level also being 25% of the 1.2150 to 1.2470 uptrend. Will cover another bounce from near there. Daily studies remain top-heavy, but a break below 1.2390 is now much needed to extend the correction"s scope. O/n high and 50% Fibo provide resistance at 1.2430 guard the stop.