By Andrew M Spencer — Jan 05 - 07:05 PM
Touch softer after closing down 0.4% amid broad USD weakness
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Charts, momentum studies, 5, 10 & 21 daily, weekly and monthly MAs fall
Trending setup in place while 103.54 21 DMA and 103.68 Kijun line caps
No real significant support until the 101.18 2020 spike low
NY 102.61-102.95 range is initial support-resistance
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Source:
Refinitiv IFR Research/Market Commentary