The cross made a double bottom between 1.3735 and 1.3685 and changed the direction
towards North. The cross made a double top at 1.4391 trading at 1.4325
compared to 1.4372 at Monday's session.
The strong resistance is seen at 1.4450. Fresh buying is available above 1.4450 with targets at 1.4580. Intraday
resistance is seen at 1.4391 and 1.4425. At yesterday's session, the cross took
the support at 200Dema 1.4240. Below this, 1.4195 20Wsma was found. In the hourly
chart, the cross made a double top at 1.4391. In case the price takes off 1.4391, bulls can reach 1.4425 and 1.4450 in the extreme case. Fresh
buying looms above 1.4450. Intraday support is found at 1.4280 and 1.4250. The
panic will be triggered below 1.4245 towards 1.4200 and 1.4160.
Selling below 1.4280 aim at 1.4250, 1.4200 and 1.4160 , risk buying above 1.4340 target 1.4390, 1.4420.
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