Trade view /
09 February 2018 at 6:51 GMT
Asian gains were not extended in the latter part of Thursday. Instead, selling interest developed and dominated, with the market again closing marginally below the 13-day moving average after moving close to last month’s lows. Although failure to seriously test that area does add a note of concern, as does a modest bounce in today's Asian price action, our technical studies are still left bearish and looking for a retest of last month's lows.
Management and risk description
A move to 108.73 means the stop can be lowered to break even.
Sell in 109.00/10 area.
108.73, 108.49 and 108.28.
Intraday, closing 1600 GMT.Below average
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— Edited by Susan McDonald
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