Our short term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Preferred trade is to sell into rallies. 50 4hour EMA is at 1.7888. Risk/Reward would be poor to call a sell from current levels.
We look to Sell at 1.7885 (stop at 1.7945) Our profit targets will be 1.7735 and 1.7705
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