



Above is €$..if price fails its attempt to reach the green CL and the sloping RL continues to resist then we could see a sharp reversal later today. The MaccyD shows reg divergence in the 5, 10 & 15 min TF's.
Below is $CHF. I am increasingly conscious that the US$ is somewhat oversold especially in this pair but the currency markets are well known for becoming hugely over extended and the only option is to trade with the trend but i am alert to increasing signs of a potential change of direction.


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