By Peter Stoneham — May 04 - 01:55 AM
Bull reversal from Monday's harami-hammer candle hits the rocks at 0.8834
Lowered our offer to 0.8830 for a return to the 0.8760-65 support area
Daily momentum never really confirmed the Mon-Wed rally: negative readings
Daily RSI was diverging bearishly Wed and continues to fall
Daily cloud provides resistance levels at 0.8808 and 0.8848
Weekly charts continue to show price churning sideways
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Source:
Refinitiv IFR Research/Market Commentary