
Trend: up
Momentum: Short-term down
Short-term momentum trying turning down but would need a move below 1.1650 (low today 1.1651) and then the3 hour trendline to put a squeeze on longs. ABove 1.1650 downside is limited.
Resistance at intyra-day 1.1675/1.1687 (Tuesday/Monday lower highs).
(AT 4 hour chart)
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