[B]Bias:[/B] Cautiously I look for gains today but we should be careful at 1.0968 and the 1.1021 high
Friday's losses developed and moved into the lower support range at 1.0761-94. This has seen a recovery which has extended this morning. There is still a little more to go to feel comfortable but while the 1.0795-1.0825 range continues to support I shall prefer a scenario that breaks above the 1.0873 high seen already this morning and onto 1.0890 and the 1.0932 corrective high. Although I feel this should move as far as 1.0968 minimum it would be wise to just be careful around 1.0932. Above 1.0970 extends gains back to the 1.1021 high but should hold if seen. Note next resistance at 1.1074
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