By Peter Stoneham — Jan 24 - 02:15 AM
Saw a big figure in our 1.2430 short play but rebound now hurting
Break back above 1.2400 and highs of 1.2408; our stop is at entry
Mon: a key day reversal, higher high, lower low and close below prev. close
The signal needs bearish confirmation today
Key support now at 1.2300, 10-day moving average
Recent 1.2446-47 highs the resistance to watch
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary