By Randolph Donney — Dec 14 - 02:10 PM
Early NY break of 4-week range base threatens bigger drop nL1N2IU0Z9
But the low at 103.52 on EBS came amid a broader dollar rebound
Prices since are back up by the 10-DMA and tenkan at 104.13-15
Would need a daily range above there to undo today's bearish range break
If the rebound falters, November's 103.18 low will be the next target
Broader objectives are at 102.55/60 nL1N2IU12T
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Source:
Refinitiv IFR Research/Market Commentary