Last Updated Date: 8 April 2021 @ 8:19 AM (UTC)
*Please note that all the dates are in GMT time zone
The failed test around the 0.7676 resistance yesterday is triggering a return to short term bear trending action. Selloffs after the close has the market poised for declines today and close under 0.7598 implies a bear wave to 0.7561. Any corrective congestion capped under 0.7650 should bear flag a setup for selloffs. A close over 0.7674 is needed to reject the downturn.