The pair is trading along an downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1609, which will be followed by reaching support level 1560 and then to 1535.

An uptrend will start as soon, as the pair rises above resistance level 1609, which will be followed by moving up to resistance level 1658 and then to 1627 and then to 1652.

Suports: 1580, 1560, 1535

Resistances: 1602, 1609, 1627, 1652

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