Spot Price: 1.3459
Technical Analysis:
Long taken overnight on the 1.3445 61.8% Fibo breakout stalled around 1.3470, which remains under pressure in Asia. Stop is below the 61.8% retracement support at 1.3410 on hourly charts and the Kijin line and the market target is the daily range high in May. Daily studies are positive, but the overbought hourlies suggest short-term consolidation.