Had seen risk of a larger corrective rebound but so far 1.1967 the best

Bounce just exceeds minimum adjustment level at 1.1949

Next Fibo from 1.2405-1.1808 is at 1.2036

Offered market early Thurs as focus shifts back to the March 2020 lows

Daily RSI is o/s but 14-day negative momentum still confirming price drop

Underlying bear trend still very much alive: trend res. line at 1.2085

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