By Peter Stoneham — Nov 02 - 05:35 AM
Hammer candle and a failure to close below the 200DMA Wed
Bullish bias early Thurs and nudge back above the 10DMA
We bought into the Wed dip, 0.8700, for a run to 0.8850
Our stop is set tight below Wed's 0.8383 low
Fourteen day momentum remains positive and daily RSI is lifting
Key support 0.8680-90 area, Fibo. 200DMA and Nov. 1 low
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Source:
Refinitiv IFR Research/Market Commentary