By Peter Stoneham — Dec 16 - 04:40 AM
Thursday-Friday rally damaged the underlying bear trend
Overbought but the cross has dipped
Risk of a drop to the 10-day moving average line, currently 0.8280
Topside and a thin cloud and 100-day moving average provide resistance
The Nov. 26 drop off point, 0.8365, also significant
We are side lined for now
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Source:
London Stock Exchange Group | Thomson Reuters