Tuesday's significant range break held at the daily Kijun line, 1.0514

Breach of 10 and 21 day moving averages damaged the underlying up-trend

Still respect the main trend but Tuesday's 1.0683 high now pivotal

Daily momentum readings flipped to negative but struggling to extend

Mild corrective action early Wednesday: 21DMA is at 1.0607

Signals are not clear so we will stand aside for now

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