Further declines below 1.3510 should signal the bullish correction is over, and favor a continued slide pointing to 1.3476 this year low. A break below it should trigger stops and therefore fuel a stronger slide over the upcoming sessions.
The upside remains well limited by market sentiment, with local share markets accelerating their slide. The critical resistance stands at 1.3570, and bears will maintain the lead as long as price holds below it.
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