A weak Thursday close, 1.2221, allowed us to lower our stop to 1.2280

Short from 1.2417 for 1.2110 with the stop above the daily cloud base

Fourteen day momentum has finally flipped to negative

Daily RSI is flattening out, suggests some momentum has been lost

Wkly action back inside its cloud: tests below 1.2216 res/supp (1.2213 low)

Daily cloud base now the key: squeeze risk above

For more click on FXBUZ