Spot Price: 1.3420
Technical Analysis:
The trend looks bearish; the MACD is after a negative cross beneath the zero line.
RSI is pointing down.
Tedious daily downtrend remains in play, with today’s affirmation coming from the failed attempt to get back above the falling 10-day MA at 1.3458, the day"s high. Tues"s try higher failed to clear a prior uptrend line, now at 1.3535. Downside is governed by the slowly descending channel bottom, today at 1.3385. Sell o/b hourly rallies