By Peter Stoneham — Nov 30 - 01:35 AM
Price action becoming sticky in the 1.1945-55 area
Our short is nicely on-side and we lower the stop to 1.2065
Positive daily momentum beginning to fade: RSI flat lining at high levels
Key levels topside, the 200DMA at 1.2160 and a 50% Fibo
The Fibo taken off the 1.4233-1.0327 drop is at 1.2280
Dec. 5 1.1131-69 cloud twist still in play
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Source:
Refinitiv IFR Research/Market Commentary