4 hours charts show a continuation formation, a symmetrical triangle, thus indicators lost upside momentum and pair remains close to overbought levels; expect an acceleration above 1.5020 to confirm further upside rallies, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 1.4980 1.4940 1.4900. Resistance levels: 1.5020 1.5065 1.5110.
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