By Peter Stoneham — Mar 14 - 04:40 AM
Cross beginning to trend bearishly but needs to break below its cloud
Ichimoku cloud base is at 0.8763 and the 100DMA is at 0.8766
Further key support just below at 0.8755, Feb. 28 low
Daily momentum marginally positive and RSI's fall is slowing
Tempted by a long at market while above the cloud base
However, we will await stronger bullish indications first
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Source:
Refinitiv IFR Research/Market Commentary