By Peter Stoneham — Feb 22 - 02:16 AM
New 1.4050 trend high follows Frid close above bull channel res.
Price nudges above its upper 30DMA Bolli line at 1.4016
Some indication of an overbought condition and pullback risk
However, trend remains strong and any retrace likely modest
Optionality in the 1.40s might slow further gains
Key levels now 1.3730 10DMA and 1.4050 trend high
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Source:
Refinitiv IFR Research/Market Commentary