Spot Price: 1.3800
Technical Analysis:
Bullish momentum has increased for a fourth consecutive session but our long trade remains hemmed in by Wed"s 1.3833 trend high. Daily studies are heavily overstretched in most instances, with the Parabolic pivot point now at Wed"s 1.3755 low and a little too close for comfort. Flat another failure in the 1.3830-35 range. Stop tightened to below 1.3800 support.