Bear bias holding but repeated failures to break below 0.8710 noted

We are short from 0.8765 for 0.8635 with a stop at entry

May 5-9 lows at 0.8713, a 61.8% Fibo at 0.8712 and a pivot point at 0.8711

Back to back closes below the 200DMA and negative momentum increasing

Close below the weekly cloud adding to downside risk: base at 0.8732

Price looks to be consolidating last week's sharp drop from 0.8834

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