Spot Price: 1.3695
Technical Analysis:
Short trade was stopped out after prices cleared the Jul 25 and 26 lows near 1.3695. Hourly studies remain heavily o/b so we are not going to chase prices up from here. Early indication of a daily reversal exists, but we prefer to buy on a pullback at this point. Need a break and close beyond the 10-day MA to solidify a reversal.