
The break down of the trade range 1.5230 - 1.5082 is a strong indication that a possible bearish move might resume.
Therefore we see good selling opportunities below 1.5050 with a first projected limit at 1.4940.
Other possible selling opportunities might arise at the break of the following supports: 1.4940 / 1.4873 and 1.4850.
If prices return inside this trade range, in other words, above 1.5082 and if the close above 1.5230 this possible bearish move gets cancelled.
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