Spot Price: 1.2285
Technical Analysis:
For the 4th time in 6 sessions, the 10-day MA has marked either the daily low or high, today the latter at 1.2280. Missed the breakdown below the 10-day yesterday. We would sell yet another failed attempt to clear that resistance. Dailies are mixed but with a bearish cast. Hourlies are midrange. 1.2330 remains the key resistance
The RSI is pointing up.
MACD is heading for a bullish cross.