By Peter Stoneham — Jan 29 - 02:38 AM
Off its highs but bull trend holding strong: Kijun-Tenkan bullishly aligned
14-day positive momentum confirming recent gains
Initial resistance at 1.3759, new trend high Jan 27
Weekly hinting at market indecision but above trend defining 10WMA, 1.3522
Previous 1.3481 peak potential tipping point on a deeper pullback
Buy on dips likely to be a favoured strategy but we await stronger signals
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Source:
Refinitiv IFR Research/Market Commentary