1.60 is currently tested. However, as far as the break out is not validated, we stay bearish on the parity for a return on 1.5923. The break out of this level will give a new sell signal. However, if 1.60 is broken, a buy signal will be given towards 1.61 and the upper band of the channel in extension. But the trend will remain bearish as far as the parity is moving into its bearish channel.

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