A bearish Head and Shoulders has formed. Short term MACD has turned negative. A break of yesterdays low would confirm bearish momentum. We look to sell rallies. A move through 0.9160 will confirm the bearish momentum. We look for losses to be extended today. Rallies continue to attract sellers. Trades with a bearish descending triangle formation. Offers ample risk/reward to sell at the market. Short term MACD has turned negative. We look for only a temporary move higher.
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