FXstreet.com (Buenos Aires) - Dollar remains strongly bearish across the board, printing fresh yearly lows as a daily routine, yet oversold against most rivals, except Gbp and Japanese yen, greenback could gain some ground during current session, ahead of a long week end in Asia, as most markets will be closed Monday (Indonesia, Japan, India, Malaysia, Singapore, Philippines), and following Wall Street fall.

With no much data ahead, investors are likely to take profits, dragging riskier currencies such as Euro and commodity currencies to the downside, thus expect movements to be corrective, as changes in dollar downside trend are far from been seen anywhere across the board.

EUR/USD at 1.4735, needs to clear the 1.4680 level to confirm some downside extension to the 1.4600 area, while GBP/USD quoting around 1.6451, needs to clear 1.6375 level to extend current bearish trend.

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