[B]Bias: [/B] While 1.1400 caps I still feel we are I a triangle which implies losses to the 1.1165-00 area
Yesterday's moves don't really give any commitment to either direction. However, while the 1.1400 high caps I'll cautiously retain the bearish stance described yesterday which would see losses back below yesterday's 1.1271 low to extend to 1.1244 initially. Take care here. Eventually we should see breach for the 1.1201 level at least and maximum 1.1165 where I see a base. Next support is then found at the 1.1127 low.
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