By Peter Stoneham — Nov 09 - 01:45 AM
Long lower candle shadow Wed a concern for our 1.2417 short
The trailing stop has been adjusted marginally higher, 1.2310
Daily Ichimoku cloud base proving difficult to clear, today at 1.2271
Fourteen day momentum remains positive, another risk to the short play
Wed 1.2243 low initial support and 1.2301 high the resistance
Failure to remove 1.2243 today might see our short squared
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Source:
Refinitiv IFR Research/Market Commentary