Overall the market is bearish with a downside breakout likely sending trade to attack a 0.7129 weekly low. A close under 0.7129 is bearish. Current corrective rebounds trapped by 0.7222 will maintain bear forces. However, a punch over last week’s high alerts for a possible flip to bottoming trade. A close over 0.7250 confirms the start of a reversing upturn.
Last Updated Date: 11 January 2022 @ 12:13 PM (UTC)
*Please note that all the dates are in GMT time zone
