
Spot Price: 1.1992
Technical Analysis:
The pairing tested 1.2065 overnight and then slipped to 1.1985, leaving the daily studies flat lining at oversold levels, but the primary down trend still in place. A clean break below 1.1960 trend lows targets the 1% MA env and Bolli band, now around 1.1910. Historical support is at 1.1885 and the hourlies are in neutral territory
The market strategy is Sell at 1.2020 first target 1.1960 second 1.1910
|