The parity just found support on 1.4650 and is now back above 1.47. This gave a buy signal. The next resistance is at 1.4800. However, the medium term trend is bearish. So, we will advise to trade only short positions as far as 1.4800 is resistance. In extension, the price could reach 1.4850. This is only a break out of 1.4850 that will confirm the change in trend. We will then advise to trade only long positions.

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