[B]Commentary:[/B] The reversal that we have been expecting is underway. A bullish bias is warranted as long as price is above 1.0476.
See yesterday?s analysis with the weekly chart to see why we think this rally is the real deal. We are looking for much higher prices over the next few months. A rally through 1.0756 would instill confidence in the bull side.
[B]Strategy:[/B] Flat