I exited my short for a 15 point profit after the initial drop below 1.2850 lacked follow through and a bounce is underway. There is still potential for a larget downmove, but need to see a break below 1.28 first before committing to another short. Sidelined for now since no clear direction is discernible, but favoring the downside since the RSI broke below its rising trend line.
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