By Peter Stoneham — Apr 21 - 02:00 AM
Daily and weekly Ichimoku clouds just containing the cross
We are maintaining a 0.8831 short play for 0.8735 with a 0.8865 stop
The daily cloud is thickening and the base provides resistance at 0.8823
Key support for today is at 0.8793, the Apr. 19 low
A 61.8% Fibo off 0.8730-0.8863 is at 0.8781 and Apr. 11 low at 0.8864
Weekly cloud top is at 0.8841
Bearish weekly candle but with a long lower shadow
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Source:
Refinitiv IFR Research/Market Commentary