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We remain bearish looking to sell on strength below the resistance at 1.0494 (horizontal swing high resistance, Fibonacci projection) for a push down to 1.0418 (Fibonacci retracement, horizontal overlap support).
RSI (34) shows major resistance below the 56% level.
Sell below 1.0494. Set stop loss at 1.0520 and take profit at 1.0418.
