The low reaches 1.2950 after 200 hour and 50% broken
The 200 hour MA and the 50% retracement held support yesterday. It did not today and the price has run lower (see earlier post).
The 61.8% comes in at 1.29469. The lowest low from February 13 came in at 1.2943. On more selling below those levels, the 100 day MA at 1.29296 would be another key target.
Risk now would be the broken 50% and 200 hour MA as sellers take more control.
