
Spot Price: 1.3450
Technical Analysis:
Long from the Ldn rally beyond 1.3500 was stopped out. Today"s rally stopped shy of the underside of the prior M-T uptrend line, now resistance at 1.3525, as well as the May 21 high at 1.3530. Dailies are o/s, trying to bottom but not bottomed yet. We would sell another failure into the prior uptrend line resistance.
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