• Tight doji in Asia - opened -0.43% & confirms Tuesday's bearish outside day
  
  
• 20 day Bollinger's, Momentum studies, 5, 10 & 20 dma's crest
  
  
• Close below 1.2350 range low would be a strong bearish signal
  
  
• Longer term targets 1.1967, 38.2% of 2014/15 rally
  
  
• Initial support/resistance is NY 1.2395/1.2459 range