The pair continues with the short movement started at September 2nd, even though in the technical aspect it could revert the trend to go near the 200-day MA. The pair is now trading at 2.2180. The bands of Bollinger are showing a 20 pips volatility, while the one hour RSI is in a neutral zone. If we watch the pair's evolution , 2.2180 is an important resistance that has been tested already, but not broken. If it's broken, the next resistance is found at 2.2260.
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