Spot Price: 1.9990
Technical Analysis:
Has been in rally mode after bottoming by 1.9625 on 08 Jun, reaching 2.0017 ahead of latest minor setbacks. Dailies starting to get overdone, and latest failure by 2.0020 falls just shy of the 78.6% retrace of of the 2.0135-1.9625 move. As such we look for today"s highs to cap, with moves back above 2.0020 opening full retrace to 2.0135