Spot Price: 1.9923
Technical Analysis:
1.9950 has capped the topside over the past 2 days and the pair has since retreated back to 1.9925 levels. Buying dips is the favored strategy at this stage as the underlying bias remains higher and 1.9970 is a viable topside target. As such will look to set longs on a dip to 1.9900, with stops firmly in place below 1.9870