By Peter Stoneham — May 03 - 02:35 AM
Tues action closed in negative territory but off its 1.2436 low
Failure to drop under daily Kinsen line, 1.2429, has resulted in a rebound
We are maintaining a 1.2510 short with a 1.2515 stop and 1.2300 target
Daily momentum has flipped to negative but RSI now rising
Topside and game only changes above 1.2584 Apr. 28 and 2023 high
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Source:
Refinitiv IFR Research/Market Commentary