The pair is rebounding, after hitting a daily low of 1.4757 dollars per euro. The 50-days MA is consolidating with the price, while the bands of Bollinger show a 60 pips volatility in the hour. The RSI shows the pair is around the oversold area, while the MACD shows selling signs. If the trend stays on the upside, the next resistances are at 1.4800 and 1.4856, while on the lower side, the supports to consider are at 1.4775 and 1.4757.
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