Spot Price: 1.2280
Technical Analysis:
Prices have plied a puny 1.2260/1.2310 range since Friday afternoon, as the daily downtrend catches its breath following the implosion from early Friday. Daily studies remain bearish and not quite yet o/s, but a few first-tier trading bands have been bumped into this week, prompting rebound attempts. 200-d MA guards topside for now