By Peter Stoneham — May 02 - 01:35 AM
Still view the Monday-Tuesday gains as corrective but there is a warning
Monday's bullish Harami inside day real body candle points to reversal risk
The candlestick pattern needs bullish confirmation today to complete
The daily cloud base at 0.8809 could be pivotal resistance today
We remain short from 0.8860 with profits now locked in at 0.8795
We target 0.8735, just ahead of the 200DMA at 0.8725
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Source:
Refinitiv IFR Research/Market Commentary