Spot Price: 1.2035
Technical Analysis:
We quickly exited our last short trade after prices failed to even remove yesterday"s 1.2020 lows and with hourlies already o/s. A close below 1.2020 would put the 1.1960 trend low back in play, with the 1.1985 lows from Jul 20 and 23 interim support. Prefer to sell into a rebound. Resistance is at 1.2115 and 1.2150/65.