• -50pts in Asia after dropping 40pts yesterday - extends 2 weeks of weakness
  
  
• Price closed below 6.2774 rising 20dma - targets 6.2585, 38.2% of 2015 rise
  
  
• 5, 10 & 20 dma's conflict - momentum studies move lower
  
  
• Modest negative setup seems like early Feb - preceded a rebound
  
  
• Yesterday's 6.2680 low & earlier 6.2758 high initial support/resistance