Partial exits on low this morning and there has been a slight push upwards.
As I mentioned in the GBP post today:- "Most derivatives are non-linear, so traders can expect some form of rotation upwards in the opposite direction of the previous day's close."
Therefore that can happen on Friday and move up into a higher Weekly close.
The trailing resistance line has dropped down, so whilst price is still below this level, then traders can remain in shorts.
Above this level, and shorting is open to risk….
Below this level and longs are open to risk…
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