Gain consolidation just taking the sting out of the underlying bull trend

Price action could be forming a bullish continuation pattern

Key support and potential bear trigger point is at 1.1117, the 10-DMA

Daily RSI has dipped below the 70 level and positive momentum is fading

The year's highs at 1.1201, Aug. 23-26, providing the resistance

We have a bid by 1.1120

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