The pair is falling 100 pips, trading at 1.4991 dollars per euro.The bands of Bollinger show a volatility of 80 pips in the hour, while the 14 period RSI is clearly oversold.

The Stochastic shows selling signs, right now.

If the trend stays to the downside, the next support is at 1.4980, while the next resistance is at 1.5037 dollars per euro.

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