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The pair is trading along an sideways trading pattern.
The downtrend may be expected to continue in case the market drops below support level 1565, which will be followed by reaching support level 1528.
An uptrend will start as soon, as the pair rises above resistance level 1575, which will be followed by moving up to resistance level 1592 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1626.
Resistance: 1575, 1592, 1626
Support: 1565, 1528
The downtrend may be expected to continue in case the market drops below support level 1565, which will be followed by reaching support level 1528.
An uptrend will start as soon, as the pair rises above resistance level 1575, which will be followed by moving up to resistance level 1592 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1626.
Resistance: 1575, 1592, 1626
Support: 1565, 1528
