The failed test up around the 1.2286 resistance continues a turn back to short term bear trending action. Selloffs after the close has trade poised for a bear day and close under 1.2157 implies a bear wave to 1.2082. Any corrective congestion capped under 1.2286 should bear flag a setup for selloffs. A close over 1.2286 is needed to reject the downturn.
Last Updated Date: 3 May 2022 @ 12:18 PM (UTC)
*Please note that all the dates are in GMT time zone
