A Wed hammer, albeit a small one, a concern for our 0.8765 short play

A bullish close today would confirm the bullish candlestick hammer signal

We have profits locked to 0.8725 and target 0.8565

A minimum correction off the recent 0.8875-0.8772 drop is at 0.8720

Daily momentum remains negative but RSI close to over sold levels

Weekly action threatening to close back above the 200WMA

Mixed signals argue for squaring our short: we will monitor any pullbacks

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