From a technical point of view and according to the 4 hours chart, the downward potential remains intact, with price well below 20 SMA and 200 EMA, and momentum heading strongly south in negative territory. Therefore, a price acceleration below mentioned support should favor more slides, down to 1.6900/10 price zone.
Immediate resistance stands at 1.7000, with gains above it signaling a probable retest of 1.7050. Above this last, next resistance comes at 1.7095, albeit chances of such advance seem limited for this last day of the week.
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