Spot Price:
Technical Analysis:
1.2280 has propped the downside in Asia and the pair is rallying again intraday. Will use upticks as fresh selling opportunities for a push back below the 1.2270 level. A break here should open the way for a full retracement to 1.2150 which is the trendlow from Jun 6. The market strtegy is to seel at 1.2260.