The market has stalled and short-term direction lost

Slight bear bias lacks momentum: while 55DMA supports rebound risk is high

14-day momentum just clinging to negative readings close to zero line

Converging support points could become pivotal

55DMA, 1.3808, rising daily cloud 1.3746 and 30DMA lower Bolli at 1.3766

Converging resistance too: 10, 21 and 30DMAs currently 1.3910, 16 and 28

Our 1.3925 long is a big figure off-side but the game is not over yet

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