FXstreet.com (Buenos Aires) - Pair has turn to the downside in the hourly chart, and pointing for a retest of the 1.5000 level. Bounce around that zone will help the pair regain the upside, while clear break under will find next support around 1.4965 ascendant trend line coming from the 1.4702 lows.
Valeria Bednarik, collaborator at FXstreet.com said: Indicators are suggesting some downside continuation even in big time frames. Clear break of line will implied downside momentum in the pair.
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