Friday's hammer candle confirmed Monday but bear pressure quickly resumed

Our 1.0895 short marginally on-side: will lower the stop on a 1.0837 break

Friday's low is at 1.0837: year's 1.0806 low point the target below

10DMA now leaning on price, currently 1.0955, Monday high at that point too

14-day bull momentum beginning to fade and RSI pointing down

Slower daily averages remain bearishly aligned: 50, 100 and 200DMAs

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