Our next resistance is between 1.5416 and 1.5426...We really do need to clear the latter level before buyers would come back into the market, short term, looking for a possible rise to 1.5465/76...Here cover any longs and start to re-introduce shorts..Again stops to be placed above 1.5516...
Now downside is between 1.5362/50...so shorts to be covered to these lower levels...We want to go short once more if we break lower through 1.5335...
If we see a break of this support we should be able to trade quite a bit lower with 1.5270/68 the immediate objective...Cover to here...Re-sell below 1.5250 for 1.5212/00..
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