Four day bull run just stalling ahead of a 1.2202 Fibo

The 61.8% retracement level is taken off the 1.2447-1.1805 drop

Momentum readings easing and corrective risk building

We have decided to take a short at market for 1.1920 with a 1.2270 stop

The 200DMA is at 1.1900 and Feb. 14 high at 1.2269

Trade is against the run of play: we will monitor Tues developments

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