Spot Price: 1.3395
Technical Analysis:
The RSI is pointing down , the Pair fail to break the MA line and turned down.
Profits booked o/n on the short we took Wed afternoon. Prices almost perfectly retraced 38.2% of the 1.3265 to 1.3440 move with the 1.3373 o/n low. A bullish divergence was installed on the hourly charts at the lows and prices have retraced 50% of the 1.3440/1.3373 slide since at 1.3405. 1.3415 is 61.8% and prior support & a sell. Dailies are mixed