Spot Price: 1.3825
Technical Analysis:
Daily uptrend remains o/b, is losing momentum and is well below the MLR at 1.3880, but prices have yet to breach the rising 10-day MA at 1.3795, which was also Monday"s low, or to reverse the MLR"s uptrend thus far, so we remain in dip buying mode but with a good deal of caution and with very tight stops if a long is established.