The pair is in a downtrend from the short-term top at 1.6019. Technical indicators on the 4 h. chart are falling and are still above the oversold zone. Important support is seen at 1.5497-5532, ...

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The pair has set a local top at 1.5844 completing the corrective structure from 1.5283. Technical indicators are falling. The 50- day SMA is currently projected at 1.5638. As expected, from ...

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