Hammer reversal continues to play out but progress tentative

We maintain a 1.2652 long for 1.2870 with a 1.2710 trailing stop

Resistance at the 10DMA, currently 1.2790, just containing

Next Fibo off the 1.3144-1.2620 drop is at 1.2820

Daily momentum still negative but nearing the zero line

Looking for a clear break above the 50DMA, 1.2750

Last breach of the average good for a 4.5% gain

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