By Peter Stoneham — Apr 22 - 01:55 AM
Thursday's channel top rejection kept our 1.3060 short in play
Channel top today at 1.3088, 21-30DMAs just ahead at 1.3068
14-day momentum remains negative and RSI neutral to falling
Initial support 1.2981, April 19 low
Tipping point at 1.2973, April 13 low
Set for back to back weekly Dojis, which suggest market indecision
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Source:
Refinitiv IFR Research/Market Commentary