Bear run now looking to the 76.4% Fibo off the 1.1842-1.2447 climb, 1.1985

Market in need of consolidation or a correction before lower again

Daily RSI is diverging bullishly, adding to the correction call

Fading the daily cloud top, 1.2098, a strategy

However, still risk is for an eventual full retrace to 1.1842 Jan. 6 low

We stand aside for now but will monitor any rebound

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