The short term trend remains down, but trade is fighting to hold and rebounded off the 1.1760 target. Market action alerts for a potential bottoming turn. We may see dips around 1.1740, but a close under 1.1730 is needed to renew bear pressures.

R2          1.1820
R1          1.1800

 
S1          1.1760
S2          1.1740