Recent long upper candle shadows negated by Monday's bounce

We remain short from 0.8717 for 0.8565 with a stop at 0.8735

Had seen potential for a breakout from a bearish continuation pattern

Risk now skewed to the topside and a break above 0.8720, May 17 high

Daily momentum readings are giving little indication of direction

May 11 range parameters the key levels to watch, 0.8662 and 0.8734

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