We look for losses to be extended today. There is no clear indication that the downward move is coming to an end. Short term momentum is bearish. 0.8884 has been pivotal. A break of the recent low at 0.8883 should result in a further move lower.
We look to Sell a break of 0.8879 (stop at 0.8907) Our profit targets will be 0.8809 and 0.8789
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