Spot Price: 1.2025
Technical Analysis:
We booked profits on the short trade after prices failed to sustain the break below minor support at 1.2025 and hourly studies began to turn back up. New long since taken expecting a broader correction of the recent daily downtrend, with 1.2155 the objective. Daily studies have based out and the 10-day MA line is likely to be closed above for a 2nd straight day today.