The pair is declining with strength, trading at 1.4802 dollars per euro. Since the job data were published in the US, the pair is falling 325 pips, due to the greenback's strengthening.

The bands of Bollinger show a volatility of 150 pips in the hour, while the 14 period RSI is on a neutral zone. The MACD shows selling signs, right now.

If the trend remains to the downside, the support is found at 1.4770, while above the next resistance is at 1.4815 dollars per euro.

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