By Peter Stoneham — Apr 17 - 02:55 AM
Friday close below daily trend support, line today at 1.2467
Also saw a key day reversal, higher high, lower low and cls below pre, cls
Close below the 10DMA adds further to downside risk
Late April 1.2124-63 cloud twist also in play
Weekly action hints at market indecision above 1.2500
A bearish picture at the start of the new week
Close under 1.2372, 21DMA, key
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Source:
Refinitiv IFR Research/Market Commentary