Last days’ downturn keeps the market pattern negative. The slide back through last Friday’s reversal low (1.2812) leaves trade positioned to attack under 1.2722. A close under 1.2722 projects to 1.2567. Any near term rebounds will hint resistance at 1.2880. A close over 1.2990 (SAR) is needed to recapture bottoming / bullish trade action.
Last Updated Date: 18 May 2022 @ 7:10 AM (UTC)
*Please note that all the dates are in GMT time zone
