As per GU all the RSI's are above the 50 level. 1hr higher high higher low cycle did get broken however. Daily has a lower wick, there are fibs on 4hr for move up and and 1hr for move down that could both apply.There is an upper trend line and resistance level that could come into play around 1.2350 (not suggesting we'll get there).
Ralph Shells COT report (see link top right) shows big dogs reduced their massively short EUR position a little. A move down, even if jittery, might be needed to help them offload more.
As per GU could go either way today.
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