• 5, 10 & 20 dma's conflict, 20 day Bollinger's contract - momentum studies drop
  
  
• Period of consolidation implied, confirmed by sustained 1.2498 20 dma break
  
  
• Tight doji in Asia opened slightly stronger - CLc1 trades +0.45%
  
  
• Low pivot at 1.2350 recent range - close below ends move up in short term
  
  
• Bids around 1.2420 & 1.2498/1.2509 5, 10 & 20 dma's support/resistance