Technically, the pair failed to regain the upside with the news, trading near its daily low and with the 4 hours chat showing that the price is approaching to its immediate support, the 23.6% retracement of its latest bearish run at 1.0640, as the technical indicators head strongly south below their mid-lines. Furthermore, the price stands below its moving averages, all of which supports additional declines. A break through the mentioned support should lead to a downward extension towards the 1.0590 level, whilst beyond this last, 1.0550 comes next. To the upside, the immediate resistance stands at 1.0710, with selling interest probably surging around it, if reached.
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