Spot Price: 2.0485
Technical Analysis:
2.0540 has stalled gains and the ease lower has dipped back below 2.0500 support. Daily studies are severely overextended and warn of a retest by initial 2.0460 support. However, a break of the latter is now required to accelerate deeper setbacks. Failure below 2.0460 will set up a fresh higher low opening next upside extension beyond 2.0550