Asia has been doing the usual consolidation in a tight range, then between 7 and 8 am has pushed to a new high, just thru round number resistance at 5300, and reversed. Possibly the false move.
Alternatively an early move at 6:40 down to 5260, may have been the false move.
Looking to sell rallies while below days high (1.5308), reverse if highs broken.
Daily charts still in upward channel, weeks move have been in a tight range about 220 p. currently near top.
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