Derived Data That Drive Results
By Randolph Donney — Jan 18 - 02:30 PM
Short tech trade in play taken amid Wednesday's brief spike up to 131.58
That high was capped by the falling 21-DMA. Stop now above there
Wed's 127.57 low on EBS got most of the way to the 126.80 objective
That target is ahead of the key 50% Fibo of the 2020-22 uptrend at 126.56
May trail the stop into profit if Mon's 127.215 trend lows hold 2nd test
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary
