By Peter Stoneham — Nov 19 - 12:25 PM
Possibly a new line in the sand, this time at 1.4100
Monday saw a squeeze to 1.4105 but a close below the line
Pullback to 1.3968 now looking more just a correction
Our 1.4094 short play is performing and the stop has been lowered to entry
Pull of today's 1.3650-82 cloud twist may have added weight to the adj
We target 1.3820 but will monitor a test of the Fibo and Kijun line @ 1.3927
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Source:
Refinitiv IFR Research/Market Commentary