By Peter Stoneham — Nov 14 - 01:45 AM
Friday's small hammer/doji candle draws some bullish confirmation
Price back inside its daily Ichimoku cloud, base at 1.2250
Not a convincing break higher and we look for hints of a bearish resumption
Daily RSI is flat and neutral but 14-day momentum has pushed higher
Look for more of a squeeze above 1.2307, Nov. 9 high
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Source:
Refinitiv IFR Research/Market Commentary