By Peter Stoneham — Nov 19 - 01:55 AM
Possibly a new line in the sand, this time at 1.4100
Monday saw a squeeze to 1.4105 but a close below the figure
Pullback to 1.4010 looks only corrective in nature so far
Our 1.4094 short play is performing and the stop has been lowered
Pull of today's 1.3650-82 cloud twist may have added weight to the adj
We target 1.3820 but will monitor any test of the 10DMA, 1.3975
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Source:
Refinitiv IFR Research/Market Commentary