By Peter Stoneham — Oct 30 - 03:00 AM
Bear bias holding and recent action contained by the 10DMA, 1.2152
Thursday 1.2070 low pivotal support for today
Falling daily tops since Oct. 11, 1.2337, 1.2331 and 1.2288
Fourteen day momentum increasingly negative
Daily RSI flat at neutral levels having failed to confirm the Thursday rally
We lean bearish but will wait for stronger signals
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary