Strong intraday bounce leaving a long lower candle shadow

Market looks set for a topside breakout above the 0.8740 high from Oct. 20

Fourteen day momentum strongly confirming today's rally

Daily RSI is nearing over bought values but has room for a 0.8740 break

To the down side a minimum correction of 0.8493-0.8740 comes at 0.8682

We will maintain a bid by 0.8700 but strategy will be reviewed on the close

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