Direction lost as price straddles the 55-DMA line, today at 1.0704-EBS

Rising cloud top, 1.0675, could help cushion further weakness

The 10DMA, 1.0724, close to market and just containing on a closing basis

Still see risk of sideways action between 1.0656 and 1.0805

Daily momentum readings are negative and RSI flat-neutral

Tough direction call and we are side lined for now

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