By Peter Stoneham — Nov 21 - 01:50 AM
Tuesday push clear above the 100-day moving average
A pick up in 14-day positive momentum and RSI climbing
The more constructive daily chart points to a 50% Fibo
The 1.2592 retracement level is taken off the 1.3144-1.2039 drop
We have pulled our 1.2545 offer and will monitor further gains
The 200DMA and daily cloud top provide key support points, 1.2448-1.2428
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Source:
Refinitiv IFR Research/Market Commentary