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On the 4 hour chart, we can see a divergence between the Stochastic Oscillator and the pair. The beraish bias is strong. Thus, the pair may decline to 1.8030 as its first target and to 1.7863 as its second target. This scenario is likely to occur if this pair does not rise and close above the 1.8196 level.
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The material has been provided by InstaForex Company - www.instaforex.com