Trading is sideways within narrow ranges, losing momentum despite breaching the 11.15 level. Signs of being overbought have started to appear as shown on the chart above as the upside momentum is very low whereas the Stochastic and William %R support the downside direction.

The trading range for today is among the key support at 10.15 and the key resistance at 12.00

The general trend is to the downside as far as 14.70 remains intact with targets at 9.85 and 8.50

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