Trade view /
14 September 2017 at 5:58 GMT
Contrary to yesterday's cautiously negative bias, an initial profit-taking dip proved very limited. This was followed by a renewal of demand that accelerated in the latter part of the day to produce a third up day in a row. That move confirmed the positive break of the 13-day moving average and means that last week's entire net fall has been regained. Intraday signals for sentiment are overbought but we now look for negative reactions to be temporary.
Management and risk description
A move to 0.9681 means the stop can be raised to break even.
Buy in 0.9640/45 area and any 0.9619 dip.
0.9661, 0.9681 and 0.9716.
Intraday, ending 15.00 GMT.3 Up Days
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— Edited by Susan McDonald
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